The Mattress economy

[Liberty]

It is not I whom you are disagreeing with, it is reality.

I think you're wrong.

 

[DamnYankee]

Practically no serious economist is predicting high inflation rates in the future.

The recent rise of gold prices to a new record above $1,250 an ounce means inflation is coming, says Mark Skousen, a columnist for Newsmax’ Franklin Prosperity Report.

“Gold is the best indicator of future inflation, and it’s hitting an all-time high,” he told Newsmax.TV Money.

“That indicates future inflation is a serious problem. I think inflation is coming back gradually. We are seeing a few asset bubbles.”

http://www.moneynews.com/StreetTalk/Mark-Skousen-Gold-Surge/2010/06/18/id/362378

 

[Damocles]

A divided government is a weak government that is incapable of making decisions.

So why do we work so desperately hard at the wedge issues?

 

[Cancel 2016.2]

The best economy since Reagan was Clintons. And Reagans economy sucked. Reagan was an economic ignoramous.

yeah.... it sucked real bad....

1) Unemployment went from 7.6% to 5.5%

2) Inflation went from 10% to 4%

3) The economy began an 18 year bull market run (only interrupted by a brief recession... thanks in large part to Mr. Tax increase GHW Bush)

yeah... Reagan's policies were horrible for our economy.

 

[Bonestorm]

yeah.... it sucked real bad....

1) Unemployment went from 7.6% to 5.5%

2) Inflation went from 10% to 4%

3) The economy began an 18 year bull market run (only interrupted by a brief recession... thanks in large part to Mr. Tax increase GHW Bush)

yeah... Reagan's policies were horrible for our economy.

Odd that a self-styled debt and deficit hawk like yourself would omit any mention of both while criticizing GHWB for doing something about them.

 

[Cancel 2016.2]

It's a shame. We were growing real nice until October 2007, when the financial crisis started due to the two parties repealing Glass Steagal under the direction of Clinton.

FTFY....

the financial crisis began in October of 2007... not 2009.

Clinton signed the repealment of Glass Steagall with overwhelming support of both parties in Congress.

 

[Cancel 2016.2]

Odd that a self-styled debt and deficit hawk like yourself would omit any mention of both while criticizing GHWB for doing something about them.

LMAO... easy there sally, don't get your panties in a bunch. I did not state Reagan was perfect by any means. I stated that the economy while he was in office did not suck.