Brad, Oskar, Noam

Dennis R Redmond dredmond at OREGON.UOREGON.EDU
Fri Mar 19 11:17:18 PST 1999

On Fri, 19 Mar 1999, Brad De Long wrote:

> And I recall a Clinton-administration National Economic Council meeting (at
> which I stood against the back wall with the other aides)--perhaps in June
> 1993?--and heard Bob Rubin state that aggressive pursuit of deficit
> reduction was our best chance to get a prolonged investment-led
> job-creating high-productivity-growth recovery, and that without such a
> prolonged economic expansion the chances of defending and expanding the New
> Deal and the Great Society were zero...

Well, that's why banana cream pies were invented, right? Think of those expensive threads, bespattered with meringue -- you'd be immortalized as the Man Who Pied the Bond Market!

-- Dennis

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