Monthly Archives: February 2012

Obama Budget `Detached From Reality,’ Gramm Says

Feb. 15, 2012 – 9:00 AM ET (Bloomberg) — Phil Gramm, a former Republican senator from Texas, talks about President Barack Obama’s fiscal 2013 budget proposal and financial regulations. Gramm, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses legislation to extend a payroll-tax cut. Watch the...
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The ‘Financial Recession’ Excuse

The ‘Financial Recession’ Excuse Why did the U.S. recover faster from the panic of 1907 than from the 2008 recession and the Great Depression? By Phil Gramm and Mike Solon Commerce Department data released last Friday show that four years after the recession began, real gross domestic product per person...
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