Re: Re: Brad DeLong's column

[Jim Devine <jdevine@xxxxxxxxxxxxxxx>]

sorry.

> > Later, he writes that "Lowered interest rates [in the 1990s] driven in
> > part by the shrinking of annual budget deficits..."
> >
> > According to the usual sources on interest rates, the 1990s real interest
> > rates were high, not low.
>
> I wrote "lower*ed*" for a reason...
>
> Brad DeLong

Jim Devine jdevine@xxxxxxx &  http://liberalarts.lmu.edu/~jdevine