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View Diary: The TED Talk that should be named (59 comments)

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  •  Conservative blind faith in the Laffer curve (0+ / 0-)

    is part the foundation of their  belief that Reagan's conservative agenda was responsible for the economic revival in the second half of his first term.  All the while ignoring the lowering of high interest rates that initially triggered the early '80s recession, the glut of oil on the world market that produced low fuel prices through the '80s, and the stimulative effect of Reagan's budget deficits.  

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