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you are quoting a heck of a lot there.
[QUOTE]blah blah blah[/QUOTE] to reply to Conservationist.
Please remove excess text as not to re-post tons
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[QUOTE="Conservationist:821840"][QUOTE="orgymf@work:821797"](Clinton) artificially inflated the value of the dollar, by artificially lowering interest rates in national banks and the federal reserve...which leads to unavoidable economic inflation, and a weak dollar.[/QUOTE] That's the gist of it, I think. He lowered interest rates and raised socialized costs, which had the effect of sort of squirting business forward between two obstacles, but created an overvalued economy. Then he totally ignored how the dot-com boom was inflating that further. Here's a solid article: [quote] Former President Reagan's policies began the long bull market in stocks and bonds by creating millions of new jobs while curtailing inflation. Falling inflation and economic expansion are ideal conditions for financial markets. Former President Bush's 1990 tax increase kept the bull market going by causing an economic slowdown. The demand for credit fell with economic activity, and lower interest rates fueled further rises in bond and stock prices. What will be the impact of President Clinton's policies? His punitive tax policy toward those in the highest income brackets will tend to retard the economy and prolong the slowdown. Interest rates could fall further, pushing stock and bond prices still higher. On the other hand, Clinton's health plan would raise employment costs, thus increasing inflation. Regulations pouring out of the federal bureaucracy also would drive up business costs. http://findarticles.com/p/articles/mi_m1571/is_/ai_14651271 [/quote] I like it because it contrasts the difference between conservative and liberal economic policies. I am voting for Ron Paul, but am convinced that libertarianism like socialism needs moderation or it becomes an insane religion.[/QUOTE]
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