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Vote Republicrat
Lv 6
Vote Republicrat asked in Politics & GovernmentPolitics · 1 decade ago

What do you think of this interview between Ronald Reagan's economic advisor and Peter Schiff?

http://www.youtube.com/watch?v=IU6PamCQ6zw

3 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    I'm still waiting for Schiff to be wrong ... everyone else has been, him ... not yet.

  • Agent X
    Lv 5
    1 decade ago

    Even if Schiff's prediction is wrong, he is right that this paradigm over debt consumption is not sustainable. We need to start saving and producing more.

    I can't believe that Laffer said that the United States economy has never been in better shape. I had to check the date and this is from 2008.

    Looks like Laffer was wrong and Schiff was right.

  • apeman605
    Lv 7
    1 decade ago

    Reagan is dead. So the interview is apropos of nothing. Pass.

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