LATE GREAT STAGFLATION DEBATE

 

 

 

 

 

 

 

 

 

CARTER: OIL PRICES

 

 

 

 

 

 

 

 

 

 

REAGAN: PRODUCTIVITY SLOWDOWN

 

 

 

 

 

 

 

 

 

 

SUPPLY-SIDE STRATEGY

 

 

 

 

 

 

HIGH-EMPLOYMENT BUDGET

 

 

 

 

 

 

 

 

FEDERAL BUDGET DEFICIT/GDP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crowding Out Part Deux

 

 

 

 

 

 

 

 

 

 

INTEREST RATES 1960-2006

 

 

 

 

 

 

 

 

German Marks per Dollar

 

 

 

 

 

 

 

 

Bank Loan Prime Rate

 

 

 

 

 

 

german Marks per Dollar

 

 

 

 

 

 

 

 

Current Account Balance (X-Q)

 

 

 

 

 

 

Virtual Economy