India Now the World's Fastest Growing Economy

[2952-0-0]

We're a bunch of idiots.

We should just negotiate our way around into India, thereby limiting the expansion of China any further. Hopefully, India can be made more democratic, but for now, I suggest we find ways to spread this grown to make Vietnam and Cambodia and Thailand more intwined with the American economy.

How is India not democratic?

It's also shockingly patronizing to assume a country of a quarter of India's population, a tenth of its recorded history, and 12 time zones away, can somehow fundamentally influence its directions.

[Maxwell]

I do want to say that Carter's economy was anything but stable, though I definitely would not blame that lack of stability on Carter. It's why his Fed Chair was basically forced to jack interest rates so high as to defeat inflation. Stability came during the second half of Reagan's Presidency, though that stability isn't particularly desirable, since we know its results now (a world wide recession where monetary policy has been sucked of its effectiveness and fiscal policy which is handicapped by government officials learning the wrong lessons from the Reagan administration).

[OSR stands with Israel]

I do want to say that Carter's economy was anything but stable, though I definitely would not blame that lack of stability on Carter. It's why his Fed Chair was basically forced to jack interest rates so high as to defeat inflation. Stability came during the second half of Reagan's Presidency, though that stability isn't particularly desirable, since we know its results now (a world wide recession where monetary policy has been sucked of its effectiveness and fiscal policy which is handicapped by government officials learning the wrong lessons from the Reagan administration).

If Alan Greenspan raised interest rates in the 2000s the 2008 recession could have been avoided

[Frodo]

Please stay on topic, or carry on your conversation in another thread.  I don't want this thread derailed.  

Kthnx.  

[Intell]

I do want to say that Carter's economy was anything but stable, though I definitely would not blame that lack of stability on Carter. It's why his Fed Chair was basically forced to jack interest rates so high as to defeat inflation. Stability came during the second half of Reagan's Presidency, though that stability isn't particularly desirable, since we know its results now (a world wide recession where monetary policy has been sucked of its effectiveness and fiscal policy which is handicapped by government officials learning the wrong lessons from the Reagan administration).

If Alan Greenspan raised interest rates in the 2000s the 2008 recession could have been avoided

No, the recession was systematic starting with Reagan and his fiscal policy. Greenspan could have reduced the severity of the recession though.

[Hillary pays minimum wage]

Good for them.  Trump seems to know how to expand wealth so after he's elected we'll be heading in the right direction too.  For now Go India! If our voters are smart, we'll catch up in growth too.