Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFor the first time in U.S. history.....
A U.S. President would puts his country in a recession on purpose. Let that sink in.
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
For the first time in U.S. history..... (Original Post)
SummerSnow
Jan 2019
OP
Haggis for Breakfast
(6,831 posts)1. They really don't want to ever win another election do they ?
chowder66
(11,996 posts)3. Unfortunately they will win again. Americans will make sure of that because they won't learn. nt
unblock
(56,077 posts)2. Arguably, carter did this. Very different circumstances.
I think he knew when he appointed volcker fed chair that he would jack up interest rates, and surely he understood that would cause a recession.
I can't imagine the interview process not covering that ground.
In any event, he allowed it to happen and did nothing to stop it.
IMHO, that was a rare case of a president falling on his sword to do what he thought best for the country.
