It is said that Paul Volcker, former chairman of the Federal Reserve, deserves all the credit for eliminating inflation, with Reagan some kind of passive observer. It is also said that large budget deficits prove that Reagan’s economic policy was a failure.
www.nationalreview.com/nrof_bartlett/bartlett2004061408... www.nationalreview.com/nrof_bartlett/bartlett200406140846.asp
With not an insignificant amount of fanfare last week, former Fed Chairman Paul Volcker endorsed Barack Obama’s presidential candidacy. ... Given his skeptical views about the Reagan tax cuts, Volcker lobbied in secret against their passage owing to his view that they would lead to a massive revenue shortfall.
www.realclearmarkets.com/articles/2008/02/the_paul_volc... www.realclearmarkets.com/articles/2008/02/the_paul_volcker_myth.html
As we pick up our story of former Federal Reserve Chairman Paul Volcker, it's the fall of 1979 and Volcker has recently been named chairman, putting his mark on Fed policy by raising the ... Reagan won the election that November and, as soon as the votes were tabulated, Volcker began to tighten interest rates more.
www.buyandhold.com/bh/en/education/history/2000/paul_vo... www.buyandhold.com/bh/en/education/history/2000/paul_volker2.html
Paul Volcker - Wikipedia, the free encyclopedia
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Paul Adolph Volcker (born September 5, 1927) is an American economist. He was the Chairman of the Federal Reserve under United States Presidents Jimmy Carter and Ronald Reagan (from August 1979 to Au...
en.wikipedia.org/wiki/Paul_Volcker
Reaganomics - Wikipedia, the free encyclopedia
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Reaganomics (a portmanteau of Reagan and economics attributed to Paul Harvey) refers to the economic policies promoted by United States President Ronald Reagan during the 1980s. The four pillars ...
en.wikipedia.org/wiki/Reaganomics
Paul Volcker and Ronald Reagan's forgotten miracle created a quarter century of prosperity--and a dangerous bubble of complacency. ... Without double-digit inflation, Ronald Reagan almost certainly would not have been elected president in 1980; the conservative political movement that he inspired would have emerged later...
reason.com/archives/2008/12/18/lessons-from-the-great-i... reason.com/archives/2008/12/18/lessons-from-the-great-inflati
President Reagan faces a critical choice for chairman of the Federal Reserve Board when Paul Volcker's second term expires in August. ...
www.nytimes.com/1987/05/28/opinion/reappoint-paul-volck... www.nytimes.com/1987/05/28/opinion/reappoint-paul-volcker.html?pagewanted=1
The economy did best when Clinton was in office, with Johnson, Kennedy and Reagan as the runners-up. ... Reagan's first term, marred by a nasty recession, was not stellar, despite a sharp reduction in inflation caused by U.S. Federal Reserve Chairman Paul Volcker's dramatic shift in monetary policy, which started under Carter.
www.forbes.com/2004/07/20/cx_da_0720presidents.html
Paul A. Volcker, chairman of the Federal Reserve from 1979-1987, has endorsed Barack Obama. Volcker was initially appointed to the Fed by Jimmy Carter, but he was reappointed by Ronald Reagan in 1983.
hotlineoncall.nationaljournal.com/archives/2008/01/reag... hotlineoncall.nationaljournal.com/archives/2008/01/reagans_fed_cha.php
Former Federal Reserve Chairman Paul Volcker, the latest big name to endorse Sen. Barack Obama, could give the Illinois Democrat a ... President Carter appointed Volcker to Fed chairmanship in 1979 and President Reagan replaced him — with Alan Greenspan — just a couple of months before the 1987 stock market crash.
blogs.wsj.com/washwire/2008/01/31/volcker-joins-list-of... blogs.wsj.com/washwire/2008/01/31/volcker-joins-list-of-obama-backers/