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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (46615)	1/23/2008 11:55:20 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 542060

KyrosL; Reagan had nothing to do with fixing the interest rate problem That argument will be used by some to say the current mess we are in is NOT Bush's fault - it is Bernanke's fault. That argument is of course silly. Sure it was Volcker who made the fed changes, but to think that the fed occurred in a vacuum is not true at all. That America was able to come out of the Carter mess took some real government spending to keep us from slipping into a worse recession than we did. I am not a big Reagan fan and think he was President 4 more years than should have been, but the entire point of my argument is not to defend him, but to tell the truth as to how he managed to make American feel good when things were bad and change was needed. He did that by bringing people together - not polarizing them. steve