A vegetable oil is a triglyceride extracted from a plant. The term vegetable oil can be narrowly defined as referring only to plant oils that are liquid at room temperature, or broadly defined without regard to a substance's state of matter at a given temperature.
Itâs the Reagan Economy, Stupid. This essay first appeared in the February 1, 2000 Washington Times. This week America crosses one of the great economic milestones in our nationâs history. We will officially break the record for the longest business cycle expansion in U.S. history. The previous record was 106 months in the 1960s.
Myth: Carter ruined the economy; Reagan saved it. Fact: The Federal Reserve Board was responsible for the events of the late 70s and 80s. Summary. Carter cannot be blamed for the double-digit inflation that peaked on his watch, because inflation started growing in 1965 and snowballed for the next 15 years.