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Ardennes posted:That said, the most damning of all...the federal reserve was created under his administration and therefore deflationists absolutely loathe him. Whoa, whoa, deflationists? As in people who want deflation? Is this just a case of "inflation bad, therefore deflation good", or do they actually have some kind of theory backing it up?
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Nov 9, 2014 23:44
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Ardennes posted:Yeah, and I also think Seattle just has more of a institutional pro-business lean, you have a lot of large companies in and around it that can push for a lot of influence and Seattle at this point it quite a wealthy town. Also, Washington State has a whole can be pretty right-leaning at times especially on economic issues even is Seattle is quite socially liberal. I actually thought it was quite a coup to get a law as strong as it was. The rightward lean is pretty obvious, just look at the state's tax system. The most regressive in the country to an almost shocking degree even before you get into the fact that it's supposed to be a "blue state".
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Nov 10, 2014 22:46
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