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