Surplus NOT from Capital Gains Receipts (Re: Krugman qualityc ontrol

[Seth Ackerman]

Well, yes. Greenspan gets the credit in the sense that, about the middle of
the 90's, for reasons yet unknown, he stopped following the precepts that
have largely governed monetary policy for the last 20 years. 

Seth

---

Max wrote:


> Only if you credit him for the boom.  Some don't, except in
> the
> backward sense that he hasn't tried very hard to kill it.
> Then
> there's the change in distribution, which is not easy to
> connect
> to AG, except in some cosmic sense.
> 
> mbs
> 
> 
> > Thus, the greatest credit for the surplus goes to Alan
> Greenspan, Reagan
> > appointee and right-wing Republican.
> >
> > Seth
> >
> >