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


To: michael97123 who wrote (418253)9/19/2008 1:25:48 PM
From: TigerPaw2 Recommendations  Read Replies (1) | Respond to of 1571235
 
Supply side led to a great period of prosperity in the 80s and 90s

No, you confuse a period of borrowing huge sums to be prosperity. It led to the S&L crisis. Prosperity didn't arrive until a pay-as-you-go approach put the country back on firm economic foundation. Since we went back to the borrow and spend approach there was once again an illusion of prosperity, for awhile.

TP



To: michael97123 who wrote (418253)9/19/2008 1:38:46 PM
From: bentway2 Recommendations  Read Replies (3) | Respond to of 1571235
 
Loans don't make you "prosperous"

zfacts.com