June 11, 2004

KRUGMATH:

An Economic Legend (PAUL KRUGMAN, 6/11/04, NY Times)

[A]ccording to a recent article in The Washington Times, Ronald Reagan "crushed inflation along with left-wing Keynesian economics and launched the longest economic expansion in U.S. history." Actually, the 1982-90 economic expansion ranks third, after 1991-2001 and 1961-69 — but even that comparison overstates the degree of real economic success.

1982-1990 + 1991-2001 + 2001-? = 22 years and counting.

Posted by Orrin Judd at June 11, 2004 2:05 PM
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