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Old 09-11-2007, 11:47 PM
Phone Booth Phone Booth is offline
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Join Date: Aug 2006
Posts: 241
Default Re: IOWA FARMLAND in GRAVE danger

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Desert Cat,

IMHO and in fact the opinion of scholars a lot smarter than me believe it was the Regan administraion who was predominately responsilbe for the boom during the Clinton administration. The Republican controlled congress and Clinton were minor players in the end result.


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I assume you're referring to the end of the cold war? Or are you trying to say Reagan invented the internet?

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Now if you had longed for the good old ways of the Reagan administration I wouldn't have said a word. Bush Sr. did a terrible job in regards to fiscal responsibility. Bush jr has had much bigger fish to fry yet the economy recovered remarkably fast after the devestating effects of 911.

Jimbo

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What devastating effects of 9/11? From a macroeconomic standpoint, it was a minor event. It was the bursting of the dot-com bubble and the recession that followed that the economy recovered from. And the recovery had very little to do with the fiscal policy of the Bush Administration and everything to do with the economic cycle and historically low interest rates, for which we're paying a price right now.
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