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

To: TimF who wrote (418210)	9/19/2008 12:01:57 PM
From: tejek	Read Replies (2) \| Respond to of 1571218

Are you better off? Personally? Yes. Did you look at the charts in the link? Many others are not......I know you could care less but dem are the facts. OTOH Reagan supported the FED cracking down hard on inflation, and paid the price early in his presidency, but it was a price that had to be paid, and by paying it, and cutting and simplifying taxes (the latter being a very rare occurrence), he set up future administrations (through Clinton) to get better official economic results. Also he helped Clinton out by building up/restoring our military, which directly (by giving us a more capable force that could survive cuts), and indirectly (by helping to end the cold war) allowed Clinton to save a lot of money on defense spending. Normally I think presidents get far too much credit or blame for the economic situation during their presidencies, but this might not be the case with Reagan. You are a budding story teller. Pure fiction. You should write a book like Grimm's fairy tales. It would be a big seller. ;-)