That was the case with the Reagan administration in 1986.
More Quotes from William Niskanen:
It is most unlikely that they will continue to invest as much in dollars as they have. This is the major financial crisis. The dollar would go down. Interest rates would go up. The housing bubble would end.William Niskanen
You'll have a greater ability of Republicans to deliver what they want in Congress.
William Niskanen
I think he's done an extraordinarily good job. I worry, however, that the wisdom he has brought to that job has not been institutionalized in the Fed.
William Niskanen
That's not what senior executives ought to be doing with their time. They ought to be worrying about business decisions.
William Niskanen
embedded part of our fiscal picture.
William Niskanen
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