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Non-Cattle Specific Topics
Every Thing Else Board
A billion here a billion there and pretty soon
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<blockquote data-quote="hurleyjd" data-source="post: 1592560" data-attributes="member: 4674"><p>The last time the national debt was manageable was in 1977-1987 even with the malaise and misery index being high.</p><p> The Reagan Era started the money borrowing. Here is an article on the misery index which I searched to find out about it.</p><p>https://www.thebalance.com/misery-index-definition-accuracy-history-4155874</p><p></p><p>Notice that energy and food are not included in the inflation calculation of the inflation data which is a component of the misery index. In 1980 food and energy was removed from the inflation index.</p></blockquote><p></p>
[QUOTE="hurleyjd, post: 1592560, member: 4674"] The last time the national debt was manageable was in 1977-1987 even with the malaise and misery index being high. The Reagan Era started the money borrowing. Here is an article on the misery index which I searched to find out about it. https://www.thebalance.com/misery-index-definition-accuracy-history-4155874 Notice that energy and food are not included in the inflation calculation of the inflation data which is a component of the misery index. In 1980 food and energy was removed from the inflation index. [/QUOTE]
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A billion here a billion there and pretty soon
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