Quote:
Originally Posted by Charles
Which came first, the chicken or the egg.
Nixon eliminated Bretton Woods in an effort to pay for the Vietnam war and to fund the Great Society. Now who do we have to thank for both of those?
Since, the Keynesians have been running amuck. As a rule, the Republicans want to lower taxes while the Democrats want to spend ourselves rich...although it's getting hard to tell the players without a scorecard.
Stockman is correct in criticising the Republicans, which appears to me to be the point of his article.
Chas
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I guess what bothers me is the GOP's religious devotion to Reaganomics. Any Republican who voices anything but absolute fealty to it is short for this world (until they retire and somehow magically get common sense (e.g., Alan Simpson))