[lbo-talk] Krugman's Latest

Max B. Sawicky sawicky at bellatlantic.net
Tue Dec 27 09:03:48 PST 2005


There was a mini-uproar in 93-94 over Fed restraint.

mbs


>
>
> But Greenspan hasn't run a tight policy since the first few months of
> 1987. He let unemployment get very low in the mid-90s, and did
> everything he could to keep the economy from sinking in 2000-1. The
> reason, of course, was that the working class had already been defeated
> in the 1980s, so it didn't matter. But that's another story.
>
> Doug
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>



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