Submitted by morphoz3000 on May 21, 2008
I would like to remind the reader of the last time in our country's history when taxes, unemployment, and inflation were extraordinarily high: the late 1970's during the Carter presidency. Inflation was raging and interest rates were in double digits. Many consumers in our economy today do not have vivid memories of that time.
Yet after the 1970's inflationary spiral was broken, at the expense of a severe recession with extremely high unemployment - we have since enjoyed over twenty years of a fundamentally good stock market and economy.
But what if today's relatively good stock market and jobs creating economy were to change? I must admit, I am of the opinion that the winds...
You must Login to view the entire paper.
If you are not a member yet, Sign Up for free!