Abraham Lincoln, Inflationist

There was a time when Republicans used to refer to themselves, proudly, as “the party of Lincoln.” But you don’t hear that line much these days. Why? Full Story »

Posted by Jon Mitchell - via Paul Krugman, Dan Kennedy, New York Times (Opinion), AllTop, New York Times (Most Emailed), Donica Mensing (t), Matthew Nadler (t), Kaizar Campwala (t)

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Review

Randy Morrow
4.0
by Randy Morrow - Feb. 11, 2011

As Mr. Bernanke immediately pointed out, the article was about inflation in China and other emerging markets, not in the United States. And the Fed chairman declared, correctly, that “inflation made here in the U.S. is very, very low.” Advantage Bernanke. But the facts don’t matter, because conservative hard-money mania, the demand that the Fed stop trying to rescue the economy, isn’t really about inflation fears.

Dr. Krugman gives an explanation of why the party of Lincoln (GOP) no longer claims him, and goes on to look at a push within Republicorp to return to the gold standard.

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Randy's Rating

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4.0

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3.9
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4.0
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4.0
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3.0
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4.0
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4.0
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4.0
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5.0
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4.0
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4.0
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