Mark Horne » 1 reason I am depressed this evening = spent day listening to talk radio.

Just to add something, not only are the importance of the Bush tax cuts in question, but the cause of the prosperity of the 80s requires some thought.  There is no question that Reagan’s policies were far better than Carter/Ford/Nixon/etc’s.  But Volcker’s willingness to put us through a recession to end the problems is also a huge deal.

Did we benefit from the anomaly of a Fed Chairman doing the right thing?