Re: In all fairness to Buck
<He does has a (somewhat) valid point about anticipated future government borrowing influncing current long term bond rates, which chokes off current corporate financing, which slows growth now.
Maybe, but doesn't it seem to you that if this were true, then the huge deficits of the '80s (blamed on Reagan or the Democratic Congress, depending on your politics) should have resulted in a rotten economy instead of the massive growth that actually took place?