Paul Volcker (nominated by Mr. Carter) is given much credit for getting inflation under control (which did happen) during the first years of the Reagan administration. But a lot of poor people were pummeled financially as a result.
History will repeat. Mr. Deering is quite correct.
Paul Volcker (nominated by Mr. Carter) is given much credit for getting inflation under control (which did happen) during the first years of the Reagan administration. But a lot of poor people were pummeled financially as a result.
History will repeat. Mr. Deering is quite correct.