hal2kilo
Lifer
- Feb 24, 2009
- 24,507
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I'm a 14.2% mortgage rate survivor from that time. Made a 20000 gain in four years. So much trauma.Especially the 18.5% mortgage rates his admin created, eh?
I'm a 14.2% mortgage rate survivor from that time. Made a 20000 gain in four years. So much trauma.Especially the 18.5% mortgage rates his admin created, eh?
I was just out of school, and there were no good jobs. Good times...I'm a 14.2% mortgage rate survivor from that time. Made a 20000 gain in four years. So much trauma.
There were like 8 companies that came for interviews the quarter before I graduated. The quarter I graduated there were 2, Motorola, or the Pascagoula shipyard. Being no dummy, I took the Motorola job. Funny, after 2 job changes I ended up working in shipyards or Navy bases the rest of my career, but never directly for the DOD. You work with what the world hands you at the time.I was just out of school, and there were no good jobs. Good times...
Reaganomics - Wikipedia
en.wikipedia.org
I did work with what I had. Are you trying to pretend the economy was good? And I graduated WHILE he was in office.There were like 8 companies that came for interviews the quarter before I graduated. The quarter I graduated there were 2, Motorola, or the Pascagoula shipyard. Being no dummy, I took the Motorola job. Funny, after 2 job changes I ended up working in shipyards or Navy bases the rest of my career, but never directly for the DOD. You work with what the world hands you at the time.
Clamping down on Regan administration inflation was painful but necessary. Oh, you must have forgotten about the oil shortage also, caused probably by the Saudi's and our own oil companies.I did work with what I had. Are you trying to pretend the economy was good? And I graduated WHILE he was in office.
Well, maybe not gay people so much, huh?
Callifornia (gun laws) , Alabama (voting distric maps), and Texas (Immigration/razer wire), are just some the states in the last few years, have all defied the supreme court decisions.I'm not aware of anyone ignoring their rulings. Yet.
Carter took the one action that brought down inflation: he appointed Volker to the Fed. That's where the sky high interest rates came from and that is what ultimately broke inflation. The severe recession was also a result of that same tight money policy. If you were already well off, the policy made you better off with very good returns on savings. If you weren't, sucked to be you.
Callifornia (gun laws) , Alabama (voting distric maps), and Texas (Immigration/razer wire), are just some the states in the last few years, have all defied the supreme court decisions.