tag:blogger.com,1999:blog-4290163255778893789.post7005666875533926364..comments2024-03-16T05:19:07.061-04:00Comments on Retirement Blues: More on the GOLDEN AGEJazzbumpahttp://www.blogger.com/profile/07337490817307473659noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4290163255778893789.post-17172898449834660512011-05-01T04:08:13.456-04:002011-05-01T04:08:13.456-04:00Regarding the dates 1973 and 1980:
I take 1973 as ...Regarding the dates 1973 and 1980:<br />I take 1973 as the end of the "golden age" and start-of-slowdown.<br /><br />This was followed by the development of Wanniski-nomics. With the election of Reagan in 1980 we have the full-force onset of policy designed to "fix" the problem.<br /><br />I think it is always important to note that many of what we see as problems today were seen as solutions under Reaganomics. But it is important also to remember that there was a slowdown that had to be dealt with. A slowdown that, if we are to abandon Reaganomics, <i>still</i> has to be dealt with.<br /><br />In other words, we still need a solution.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-19148924986371785582011-02-02T14:06:07.792-05:002011-02-02T14:06:07.792-05:00The right-wing mindset probably should be summariz...The right-wing mindset probably should be summarized as, "don't confuse me with the facts, my mind is made up!".<br /><br />- Badtux the Snarky PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-47837184097810243652011-02-02T10:07:51.992-05:002011-02-02T10:07:51.992-05:00Tux -
Exactly so - and exactly the point Mike Kim...Tux -<br /><br />Exactly so - and exactly the point Mike Kimel has made many times at Angry Bear - most recently <a href="http://www.angrybearblog.com/2011/01/few-graphs-on-real-gdp-growth-rates.html" rel="nofollow">in this post.</a> <br /><br />As always, commentors rush immediately to denial when confronted with the facts.<br /><br />Quite amazing, actually.<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-4290163255778893789.post-73023268667569829062011-02-01T22:56:25.276-05:002011-02-01T22:56:25.276-05:00So let us summarize. The period of greatest econom...So let us summarize. The period of greatest economic growth in U.S. history was accompanied by high taxes, high regulatory burdens, and high union membership. And after those started going the other way, hmm. Well, correlation isn't causation, they say. But at least we know that lower taxes, lower regulation, and lower union membership don't cause higher growth, 'cause there ain't no correlation there to find, yo.<br /><br />- Badtux the Suspicions-confirmed PenguinBadTuxhttps://www.blogger.com/profile/01345749557330760251noreply@blogger.com