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Thread: How GW Bush destroyed US economy

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    Default Re: How GW Bush destroyed US economy

    I thought Reagan destroyed it before him?
    Do not let success go to your head and do not let failure get to your heart.

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    Default Re: How GW Bush destroyed US economy

    Quote Originally Posted by Master View Post
    I thought Reagan destroyed it before him?
    he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.

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    Default Re: How GW Bush destroyed US economy

    @Kirkland Can you find a bigger damn chart? Damn dude!

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    Default Re: How GW Bush destroyed US economy

    Quote Originally Posted by SlimTrae View Post
    @Kirkland Can you find a bigger damn chart? Damn dude!
    Sorry. The website where you make the charts is playing up.

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    Default Re: How GW Bush destroyed US economy

    Quote Originally Posted by brocktonblockbust View Post
    Quote Originally Posted by Master View Post
    I thought Reagan destroyed it before him?
    he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.
    Keynesian theory and supply side theory are not the same thing, o international finance graduate.

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    Default Re: How GW Bush destroyed US economy

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by brocktonblockbust View Post
    Quote Originally Posted by Master View Post
    I thought Reagan destroyed it before him?
    he DID. He practiced Keynesian economics which is supply-side bullshit, it gave a quick pump from '83 to '87 and then it fell flat on its face in '87. Had a recession all the way til Clinton lucked out with the internet and .com shit.
    Keynesian theory and supply side theory are not the same thing, o international finance graduate.
    I meant to say in response to Keynesian economics. But O Kirkland perhaps you are missing that if the result of changes to the tax structure is a fiscal deficit then the 'supply-side' policy is effectively stimulating demand through the Keynesian multiplier effect.
    Last edited by brocktonblockbust; 03-11-2015 at 02:15 AM.

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