From: utzoo!decvax!harpo!npoiv!npois!houxm!5941ux!machaids!hocda!spanky!ka
Newsgroups: net.politics
Title: Re: Phil's comment on Ronald Reagan
Article-I.D.: spanky.191
Posted: Wed Feb  2 15:39:30 1983
Received: Thu Feb  3 07:18:29 1983
References: amd70.1363

SO:
1) Gas prices are down.  Well, I suppose you could argue that by leading
   the country into a recession, Reagan has causes demand to drop and
   prices to fall.  A very good article in The Public Interest (Fall '82,
   I believe) explains that the price of oil was bound to fall, regard-
   less of the recession.

2) Inflation and interest rates are down.  (The claim that "inflation is
   no longer a problem" depends on your idea of what rate of inflation
   is acceptable.)  These changes *are* the result of the recession, but
   it is hard to determine what percentage of the responsibility for the
   recession belongs to Reagan.

			Long live the recession!  :-)
			Kenneth Almquist