Psycho-Babble Medication | about biological treatments | Framed
This thread | Show all | Post follow-up | Start new thread | List of forums | Search | FAQ

Re: Healthcare Bill Deemed Constitutional

Posted by emmanuel98 on June 28, 2012, at 21:00:05

In reply to Re: Healthcare Bill Deemed Constitutional » psychobot5000, posted by Dinah on June 28, 2012, at 19:06:14

> Whoops, you're right about Carter's tax rates. It was 70% and he did reduce the capital gains tax. But I'm right about his interest rates.

The top rate was raised under Nixon. Reagan reduced it to 28%, then raised it again after the deficit proved too huge. Carter had no control over interest rates. The Fed did that all on its own under Paul Volcker. The idea was to control inflation by driving interest rates up, putting the economy in a recession and driving wages down. This is why Carter didn't get reelected. But enough of this. I teach college level economics and health economics. I get angry at how little most people know, yet how much they think they know.


Share
Tweet  

Thread

 

Post a new follow-up

Your message only Include above post


Notify the administrators

They will then review this post with the posting guidelines in mind.

To contact them about something other than this post, please use this form instead.

 

Start a new thread

 
Google
dr-bob.org www
Search options and examples
[amazon] for
in

This thread | Show all | Post follow-up | Start new thread | FAQ
Psycho-Babble Medication | Framed

poster:emmanuel98 thread:1020322
URL: http://www.dr-bob.org/babble/20120608/msgs/1020385.html