Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: lowbridge
I dont care if he is correct in this article. Dont trust Stockman.

As Emmitt Smith has been quoted, "a leopard can't change its stripes."

Freepers, take heed to Mr. Lowbridge...he is a wise man. Just ask the Nigerians who tried to scam him! lol

17 posted on 10/06/2013 7:26:48 AM PDT by Night Hides Not (The Tea Party was the earthquake, and Chick Fil A the tsunami...100's of aftershocks to come.)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Night Hides Not; lowbridge
"Don't trust Stockman"

Stockman is correct if you are looking at only the US economy.

He uses the phrase, "notwithstanding Reagan" to include Reagan, but identifies 1989 as the date going forward.

This is the end of the cold war, the end of the bipolar world. There are dis-agreements as to whether we are a unipolar world, or a multipolar world, but definitely the US has no military or economic adversaries. We are the world hegemon.

If you do include Reagan, first there was the Caribbean Basin trade agreement(1984), the FTA with Israel(1985), and the bilateral with Canada, that Bush shifted to trilateral with Mexico, which was modified some by Clinton's parallel agreement. Then CAFTA, Chile, Columbia, Panama, Korea. The Pacific agreement is moving forward.

So you have to look at how the world economy has grown, and recognize that US monetary policy has to include world monetary policy.

Reagan's military interventionism was relatively small compared to what would come after the Soviet collapse. Obama may have shifted somewhat from military to statesmanship, but he ain't walking away from military intervention.

20 posted on 10/06/2013 11:26:24 AM PDT by Ben Ficklin
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson