The Mudcat Café TM
Thread #127939   Message #2859669
Posted By: Joe_F
08-Mar-10 - 08:17 PM
Thread Name: BS: Should Reagan be on the $50 Bill???
Subject: RE: BS: Should Reagan be on the $50 Bill???
No, he should be on the Treasury bill (assuming that such things actually get printed any more).

I cannot take a movie star seriously in any capacity, even as a movie star. However, he may fairly taken as a symbol for the vermin who crawled into Washington with him, and they have an economic achievement to their credit that will long be remembered. To the chief maxim of businesspeople before him -- business is best when fools can borrow -- he added a new one, perhaps a corollary: You can combine low unemployment with low inflation by borrowing from foreigners. When the full consequences of that folly are realized, his name will be attached to them, and cursed.