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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TGPTNDR who wrote (129769)12/15/2000 8:55:38 PM
From: combjelly  Read Replies (1) | Respond to of 1571177
 
"In my opinion his appointment was the worst error made by a republican president"

I don't blame Greenspan for that, however. Now you can question his judgement for taking the job, Volcker resigned for a reason. Even with the minimal understanding we have of economics, it was easy to predict the recession of '90-92, it grew directly out of the policies that Reagan wanted to see implemented. Not that Volcker understood enough to avoid the "economic downturn" of '90-92, but to do things that basically guaranteed it would happen was, well, stupid.