Pat Toomey: “I would just point out that we learned in the 1970s that we can have a…”

On the recordJanuary 6, 2011

I would just point out that we learned in the 1970s that we can have a lot of slack, weakness in the economy, and still have very high inflation.

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Republican · Pennsylvania

Source

Toomey expresses concern about inflation despite economic slack.

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Pat Toomey: “I would just point out that we learned in the 1970s that we can have a lot of slack, weakness in the economy, and still…”