Savings Loan

How to Get the Economy from its Vicious to a Virtuous Cycle -- But Radical Righties Won't Let it Happen

Paul Abrams | Posted 07.24.2008 | Politics


Paul Abrams

By restraining spending via pay-as-you-go, and taking in more revenues through higher taxes on the wealthy, Clinton and Bush Sr. caused interest rates to come down, and the economy took off.