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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (16159)4/25/2017 7:41:59 PM
From: Wharf Rat1 Recommendation

Recommended By
Postwait

  Respond to of 364933
 

Hmm: what happened right at the peak?

Here's a helpful hint:


1973 oil crisis - Wikipedia

What happened at the peak of the recovery from that?
Here's a hint: Kodak invented color film


The Oil Crisis, 1979
pbslearningmedia.org

Hey, I didn't say that they invented it in '79; just that they had done it. If not them, some other corp.



To: bentway who wrote (16159)4/25/2017 9:35:34 PM
From: Steve Lokness1 Recommendation

Recommended By
Katelew

  Respond to of 364933
 
Looks like most of the decrease in earnings came in Carters days.

There certainly are ways to change the 'buy stuff' economy. Getting away from the world trade mentality cheaper the better will help - so will a consumption tax like a VAT or a sales tax of some kind. ..........Just because - "it's ugly, stupid and crass" - doesn't mean it necessarily has to remain that way.


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