Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (43769)	6/12/2010 11:39:41 AM
From: longnshort	1 Recommendation Read Replies (2) \| Respond to of 71588

Clinton Library Withholding Kagan Docs "We're learning Kagan was involved in defending President Clinton from a harassment lawsuit filed by Paula Jones..." breitbart.tv

To: RMF who wrote (43769)	6/12/2010 3:30:21 PM
From: TimF	Read Replies (1) \| Respond to of 71588

He let Volcker turn a bad economy into a horrendous economy. To the extent that he let Volker do anything, it was to stomp down the inflation of the 70s. That was a vital step from the growth we had in the 80s and 90s.

To: RMF who wrote (43769)	6/13/2010 9:23:05 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: "Well, Reagan inherited a rather bad economy." Yes, he did. Twin oil shocks bracketing a decade of solid stagflation. (Even so though, and acknowledging all of the economic difficulties that were obvious during the Carter term in the midst of the 'Rustbelt meltdown'... Carter's years still produced more jobs on an annualized basis then Reagan ever did... and VASTLY LOWER federal deficits... and a higher level of GNP....) Re: What he did was "make it worse". He let Volcker turn a bad economy into a horrendous economy. I will differ from you on the Volcker thing. Believe (after the decade of inflation largely created by the oil shocks and a solid decade's worth of piss-poor Federal Reserve leadership) that Volcker's actions were the ONLY and the BEST way to break out of that inflationary cycle. However the FISCAL and the DEFICIT crisis that manifested over the Reagan/Bush 12 years cannot be blamed on Volcker --- he was opposed to those imprudent fiscal decisions.