Sunday, September 16, 2007

The Economy Part Two

Some thoughts from the past...


How The Economy Worked In the Clinton Era



The Clinton economy of the 90’s was the doppleganger of the Bush economy. It existed to solve the same problems that the Bush economy attempted to solve. The first was labor arbitrage, which was not invented in 2000. Labor arbitrage helped keep inflation under control - the US imported goods from low cost domiciles after [...]


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