Replies

I didn't have any money in those days and was still in college but it seemed to me that inflation caused everything to erode even real returns. I would rather earn 3 or 4 percent when inflation is zero than 12% when inflation is 10%.

I remember his misery index (combination of unemployment and inflation), lambasting Pres. Ford because it was around 8 at the time of the '76 election and it went to close to 18 during his administration.

I have to say that I actually think Clinton was a better President than Carter. The American people passed that verdict also. I am reminded of the great line of George Will "Clinton may not be the worst President we ever had, but he was the worst person ever to be President."

Under Jimmy, interest rates went to 18 % and in some cases, 20+ %. Inflation wasn't as high and , whether they are telling you , or not, there is STILL inflation ; no one talks about it, though.

Lower interest rates make people borrow more ; which isn't always a good thing. Lower interest rates, also don't help the people ( the few who are still out there ), who save and don't invest in anything risky at all.

You don't think that selling ( and sometimes just giving away ) our national secrets are worse ?

There are four, really dreadful presidents, of the 20th century, who not only made things terrible, for their own country, but for the rest of the world , as well ; Wilson, FDR, Clinton, and Carter ... who was the least of the rotten apples, in this regard . JMHO