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To: KLP who wrote (3554)4/14/2006 1:40:30 AM
From: Thomas M.  Read Replies (2) | Respond to of 14758
 
By the same token, Reagan inherited an economy that had bottomed out and was ready to bounce. Carter did the heavy lifting, by hiring a serious central banker (Volcker) and giving him free reign to crack down on inflation. Volcker did it, Reagan blamed the ensuing pain on Carter, then Reagan shamelessly reaped the gains of Carter's tough decision.

Tom



To: KLP who wrote (3554)4/14/2006 6:11:43 PM
From: American Spirit  Read Replies (1) | Respond to of 14758
 
Wrong. Clinton left a 225 billion surplus in 2001. Unless you were high on dot-com ot telcom stocks you were not hurt.
And Clinton had nothing to do with the dot-com speculation, while Bush-Cheney definitely have something to do with the massive energy and health care cost gouging. And you are paying too, sucker. Through the nose.

So much for your deficit-creating tax-break, huh?


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