| Re: Frank Rich gets it. Heh (Re: Score one for the tea partiers) (517834) | |||
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Re: Frank Rich gets it. Heh (Re: Score one for the tea partiers) |
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Posted by SelkirkTMO on Sun Nov 1 18:22:16 2009, in response to Re: Frank Rich gets it. Heh (Re: Score one for the tea partiers), posted by docstox on Sun Nov 1 17:11:07 2009. The trend during Ford's administration had been halted. It had reversed in the first year of Carter, but made very little headroom over the duration other than it didn't get worse. Inflation and interest rates had been out of hand since Nixon, and we went back into a major recession once Reagan came in as well ... Carter DID make a slight dent in it, the only one who had managed into 1980. |