Beware The Return of Paul Volcker!

By: Ausonius (Diary)  |  January 25th at 01:34 PM  | 

Why should we not like Paul Volcker?  Was he not the one who helped Reagan break the back of Carter’s stagflation in the early 1980′s? No.  in fact, he caused damage at the time, and actively sabotaged Reagan’s plans. The first thing to remember: Volcker was and is a Democrat! The “usual wisdom” is that the recession in Reagan’s first term was a necessary result | Read More »