On Wed, Oct 22, 2008 at 12:26 PM, Louis Proyect <[EMAIL PROTECTED]> wrote: > Jimmy Carter's Economy: Policy in an Age of Limits | Book Reviews > Published by EH.Net (January 2004) >
Thanks. I looked on Google and it seems that his actual quote was "the standard of living of the average American has to decline": http://www.scribd.com/doc/6441987/Volcker-Asserts-US-Must-Trim-Living-Standard-NYT-10181979 That statement is ambiguous, and in the light of his later actions, he probably didn't mean anything progressive. So it looks like Doug was right (though his original quote was not accurate). I'd agree with the amended statement "the average standard of living of Americans has to decline." -raghu. -- You will pay for your sins. If you already have please disregard this message. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
