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Re: RE: Democratic Party Fiscal Conservatism



Max Sawicky wrote:

*  ascribing the 'fabulous 90's' to interest rate
reductions, and the rate reductions to deficit reduction.
The new book by Blinder and Yellen is pretty good testimony
to the contrary, especially coming from them;  I think this
part of the debate is winnable.

So what's their explanation, and the Sawicky explanation?

Doug




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