SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (72709)10/24/2006 3:03:39 AM
From: bart13  Read Replies (1) | Respond to of 110194
 

The reason there was no recession in '66 was because of a huge surge in Federal Government spending on Defense (Vietnam War).

Hopefully we can avoid that type of stimulus.


Indeed, and as I recall muscle cars were selling pretty well.

I couldn't agree more about avoiding that kind of stimulus, and also have seen a few less than pleasant parallels between LBJ & Bush II.