General Discussion

unblock

(56,213 posts)

2. yesterday i heard them give credit to reagan for volcker's ending inflation in the '70s.

Fri Sep 19, 2014, 12:44 PM

Sep 2014

this is an old canard that's even more wrong than crediting reagan with the fall of the berlin wall.

in fact, volcker was appointed fed chair be carter, and the bulk of his inflation-ending rate hikes came while carter was president -- which in fact was a big factor in carter not getting re-elected.

after the inflation was contained, reagan did reappoint volcker once, but then switched to greenspan in 1987.

credit for ending inflation goes to volcker, and if to a president, then it's certainly carter, not reagan.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

10 replies

= new reply since forum marked as read

Highlight:

PBS And NPR: Subsidiaries Of Koch Industries? (seems so) [View all] Triana Sep 2014 OP

heh, we've known that for years librechik Sep 2014 #1

Thanks for that insight and history. Very intereSTINK! Triana Sep 2014 #3

yesterday i heard them give credit to reagan for volcker's ending inflation in the '70s. unblock Sep 2014 #2

Jeeeze. Triana Sep 2014 #4

i'm pretty such obama's are better, shrub was in the crapper by this point. unblock Sep 2014 #5

You can't criticize a wartime president ... Mika Sep 2014 #8

Koch brothers are probably their biggest donors, they know how to spread their money for maximum CK_John Sep 2014 #6

It�s been that way for a while. In �04 PBS put on a Tucker Carlson show and a Wall Street Journal Chathamization Sep 2014 #7

I had a regular show on small NPR station for several years 2banon Sep 2014 #9

I don't send them any money anymore and don't listen except... Triana Sep 2014 #10