On Aug 31, 2009, at 7:10 PM, Chuck Grimes wrote:
> I understand those are the reasons given and the goals sought. What
> I am
> asking is, did these policies actually produce higher profits and
> lower
> inflation?
Profitability rose, inflation fell. Dereg was part of it. So was the deep recession of the early 1980s, other forms of union busting, cuts in social spending, outsourcing, Wal-Mart, etc.
Doug