Back to the Future

Today Barack Obama named former Federal Reserve Chairman Paul Volcker to head Obama’s newly-created Economic Recovery Advisory Board. Volcker served as Chairman of the Fed from 1979 through 1987. As such, he worked closely with Ronald Reagan to tame the inflation that ravaged the American economy in the late 1970s and beginning of the 1980s. Reagan reappointed Volcker in 1983.

Change you can believe in!

To comment on this post, go here.


Books to read from Power Line