In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.
“So it was flawed in that it didn't require California to have a first claim on the power plants. It deregulated part of the market, but not all of the market.”
“For anybody to say well this is not Hip Hop and that's not Hip Hop, that is not the way the formula was laid down. It was for the people who were going to continue take anything musically and string it along.”