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... the de-regulation, I mean ... and what was the benefit versus employment situation before they kicked in?

A central bank that focuses on creating unemployment to fight inflation is a bad economic idea no matter what previous economic mess was used to get it put into place.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Oct 8th, 2008 at 03:16:26 PM EST
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Credit deregulation happened in 1985 IIRC.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Wed Oct 8th, 2008 at 05:03:29 PM EST
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So what were unemployment rates and unemployment compensation like in 1984? Was there also a big rise in unemployment compensation in 1985?

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu Oct 9th, 2008 at 07:14:50 AM EST
[ Parent ]

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