POST DETAILS

Post No: 622490 January 25, 2015, 04:35AM
Guest wrote:

Well, I think the Fed has to do a lot more.Reagan ran deficits up to 6 peercnt of GDP, and hustled Volcker out the back door to bring in the more-accommodative Greenspan. It worked. Obama is running deficits at 10 peercnt of GDP, though slated to go down to under 6 peercnt by 2012--but we have a very tight Fed now. Very tight. The economy is suffocating, and the Fed won't move to quantitative easing as it should. It may not work.

Type the characters that you see in the box (5 characters).