TribLIVE

| Opinion/The Review


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Economic deja vu

Daily Photo Galleries

Friday, Oct. 12, 2012, 9:00 p.m.
 

Economic deja vu

In the midst of a hotly contested election, no one has mentioned that we're also in the midst of “stagflation.” It would be good to recall the difficult economic times of the late 1970s, with new car prices about to double (“sticker shock”) and gasoline prices skyrocketing. A high unemployment rate also persists.

That was the economic mess the Republicans inherited after the 1980 presidential election. To paraphrase the lyrics to the “All in the Family” theme song: “Mister, we could use a man like Ronald Reagan again”!

Ed Collins

West Newton

 

 
 


Show commenting policy

Most-Read Stories

  1. Starkey: Pederson had to go at Pitt
  2. Pederson’s 2nd tenure as the athletic director at Pitt comes to abrupt end
  3. Armstrong man dies in single-vehicle crash
  4. Chryst returns home, named football coach at Wisconsin
  5. In Pittsburgh charges, feds target Uganda-based counterfeiting ring
  6. Steelers, young and old, thirst for opportunity to reach the postseason
  7. Toast of the Town: Explore Lawrenceville’s many watering holes
  8. Steelers notebook: Brown leads WRs in Pro Bowl voting, Bell 2nd at RB
  9. QB Smith is chief concern for Steelers’ defense
  10. Philly DA says no affidavits claimed by AG Kane in bribery case existed
  11. Home of LeNature’s exec up for sale
Subscribe today! Click here for our subscription offers.