To: MissCalico
It was Reagan that ended up making Volcker look like a genius. Not the other way around. A Volcker did was cause a nasty recession.
Volcker was also on the committee that recommended wage and price controls to Nixon.
9 posted on
11/26/2008 8:18:51 AM PST by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Moonman62
Volcker, “The economy is moving. Shoot it again, just to be sure”.
13 posted on
11/26/2008 8:28:42 AM PST by
Toddsterpatriot
(Somehow people must be free I hope the day comes soon won't you please come to Chicago)
To: Moonman62
Volker was very instrumental in ending the very high inflation....and Reagan and his team knew that which is why they kept him.
My memories of the team anyhow.
34 posted on
11/26/2008 9:10:39 AM PST by
wardaddy
(Monarchists for Palin 2012)
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