quote:
For those activists who cling to the view that politics drives the future, consider the 1970s, when politicians grappled with an energy crisis, Watergate, high inflation, high unemployment and more. The policy debates led to the tax revolt and the election of Ronald Reagan as president.comment:
This may be wishful thinking. Since 1968, the economy hasn't grown at all in terms of gold. A lot of other economic measurements confirm the finding that the economy is stuck in the mud. The only thing that has really grown is debt. This "Limits to Growth" phenomenon has existed regardless of the tax rates. It has existed with high tax rates of 70% in the seventies and lower tax rates of 28% in the eighties under Reagan.
Ignore DC at your own peril. It can swamp anything good that may come along.
Update:
Psst! DC is The Matrix.
No comments:
Post a Comment