Re: OT: Inflation in the US

On Jan 18, 3:46 pm, krw <k...@xxxxxxxxxxx> wrote:
In article <2f86bef8-0b36-43c8-8097-0606a3b00e08
@i29g2000prf.googlegroups.com>, sci.electronics.design,
kensm...@xxxxxxxxx says...



On Jan 17, 4:15 pm, krw <k...@xxxxxxxxxxx> wrote:
In article <b99c46b3-89ec-4940-9c6b-eac7ea4f7e35
@d21g2000prg.googlegroups.com>, sci.electronics.design,
kensm...@xxxxxxxxx says...

On Jan 16, 4:45 pm, Jim Thompson <To-Email-Use-The-Envelope-I...@My-
Web-Site.com> wrote:
On Wed, 16 Jan 2008 18:24:26 -0600, Blakely LaCroix

<no...@xxxxxxxxxxxxx> wrote:
Jim Thompson wrote:

I think all this cranky behavior from the Europeons (and the
Canadians) is sheer jealousy. If all my coin was falling into a
socialist hole I'd be cranky too.

...Jim Thompson

They ain't falling into a socialist hole. It is a Neo Conservative Hole. And they ain't you coins - they are your grandchillins.

Trying to revise history will do you no good. It took a Democrat
(Carter) to really @#%* things up.

Trying to revise history will do you no good. Nixon handed Ford an
then Carter a disaster.

Which Carted made *far* worse. It took Reagan to untie the knots.

That is an interesting claim. Carter raised the interest rates to
stop inflation. The result was a recession which lowered the standard
of living of the average american. Without the increase in rates,
inflation would have taken the standard of living down by more.
Carter was faced with two bad options and took the least bad.

Absolute nonsense. The economy was on the balls of its ass.
Remember "stagflation"? Carter gave us *BOTH*. Boy, you sure can
rewrite history!

Stagflation started under Nixon. Remember the wage and price controls
and all the distortions it caused in the economy. This is part of
what messed up the US car industry among others.
.