Global warming?

10-19-2009, 12:09 AM

Right...a dip in the mid-70s that most economist attribute to the 6-month OPEC oil embargo, a smaller dip in 79 as a result of a smaller oil embargo (after the Iranian revolution), and then a dip after Reagan's first tax cut in 82 and rising again after Reagan pretty much abandoned supply side economics and worked with the Democrats in Congress on the tax reform in 84 that broadened the tax base.

10-19-2009, 12:09 AM	#10
Redux Guest Posts: n/a	Right...a dip in the mid-70s that most economist attribute to the 6-month OPEC oil embargo, a smaller dip in 79 as a result of a smaller oil embargo (after the Iranian revolution), and then a dip after Reagan's first tax cut in 82 and rising again after Reagan pretty much abandoned supply side economics and worked with the Democrats in Congress on the tax reform in 84 that broadened the tax base. Last edited by Redux; 10-19-2009 at 12:18 AM.

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