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

To: combjelly who wrote (294518)	8/14/2006 7:45:04 PM
From: TimF	Respond to of 1571813

Oh duh. So? Government policy can have a large impact on that growth Never said that it could not, but its more in the matter of not messing things up. If interest rates are managed, and the managers do a good job, than the economic cycle will be smoothed, with less volatility, but I don't see any evidence that active management has increased overall growth. If OTOH the mangers of the money supply/interest rates (the Fed in our case) do a poor job, then they can make swings even worse, and lower overall growth. You don't know much about recent history, do you? We are talking about the 1980s, not the 1800s. I was responding to the 1950s and 1960's that you asked about Message 22525329 There was extensive regulation in the 50's and 60's but still noticeably less than there is now. Even in the 80's I think it reasonable to say that there was less regulation, although that's less certain. There have been important deregulations since 1980, but the overall number of regulations, or number of pages of active regulation has increased.