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Thanks. I don't think it's out of line to give some blame to Carter for the rates in Aug 81 - it still would have been on his budget's watch, although I'm not s
by mgkimsal 9y ago
Thanks. I don't think it's out of line to give some blame to Carter for the rates in Aug 81 - it still would have been on his budget's watch, although I'm not sure that many people think that deeply about it. It's probably a bit partisan, but I don't remember my parents blaming Reagan for 16% interest rates when getting a loan in 1981.