Sallow
The Big Bad Wolf.
Hmm. Inflation 1979 was about 8.5%. Unemployment was nearly 6%. Discount rate was 12%
Inflation 1988 was 3.6%, uemployment was 5.3%. Discount rate was 6.5%
Nah, Reagan didn't improve anything.
Too bad you weren't around then to see it for yourself.
I was.
The Homeless situation in NYC got far worse. He took a "halfway house" solution for mental patients and opened up the floodgates. We had shanty towns under the FDR and in parks like Thompkins Square. He also put taxes on unemployment and cut SSI to children of dead parents at the age of 18.
And all those economic improvements were thanks to the efforts of Paul Volcker..and nearly every economist agrees on that.
The homeless situation in NYC was Reagan's problem??? Are you ******* crazy??? Don't answer that.
Yeah..it was.
He kicked the mental patients out of state hospitals.
And don't ask questions you don't want answers too.

President Ronald Reagan would only pardon Steinbrenner if the Yankees' owner admitted to the crime