Quote from jzlucas:
-No, he's referring to the 20 +% interest rates.
-He's referring to inflation doubling in 4 years.
-He's referring to record unemployment.
If you are placing the blame of inflation and high interest rates squarely on President Carter during his tenure, then I am afraid that you are living in a clue-free environment. On the plus side, it must be fairly blissful.Quote from jzlucas:
-No, he's referring to the 20 +% interest rates.
-He's referring to inflation doubling in 4 years.
-He's referring to record unemployment.

Quote from vhehn:
those things were partly caused by high oil prices. guess what. we are there again with oil prices. will we see the same result?
Carter is to face no blame for the conditions at the time... however Bush IS? Sorry, I can't go along with you and Z's thinking. Here's to a blissful year for all of us! Cheers. JQuote from Thunderdog:
If you are placing the blame of inflation and high interest rates squarely on President Carter during his tenure, then I am afraid that you are living in a clue-free environment. On the plus side, it must be fairly blissful.![]()
I think it is only fair to blame presidents for conditions that they created rather than those that they inherited or otherwise had no direct control over.Quote from jzlucas:
Carter is to face no blame for the conditions at the time... however Bush IS? Sorry, I can't go along with you and Z's thinking. Here's to a blissful year for all of us! Cheers. J
Quote from Thunderdog:
If you are placing the blame of inflation and high interest rates squarely on President Carter during his tenure, then I am afraid that you are living in a clue-free environment. On the plus side, it must be fairly blissful.![]()