Paul Krugman describes The Center on Budget and Policy as a progressive think tank that really makes certain it runs the numbers with integrity...something missing in the Bush administration. When Dick Cheney said that "Reagan proved that deficits don't matter," he was talking politically, not about the long term impact on the economy. Even today, with our economic stabilty and future threatened by regressive taxation and runaway spending to benefit the Industrial Complex, Americans aren't paying attention.
However, I remember interest rates above 10% on homes; credit card rates were astronomical. I think this piece says a lot.
Crusader Mike
