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It's a cycle. We are reliving what happened under Carter now. A pro growth (low taxes, low regulation) president will come into power in 2 years. We will have
by worker_person 4y ago
It's a cycle. We are reliving what happened under Carter now. A pro growth (low taxes, low regulation) president will come into power in 2 years.
We will have a decade or two of amazing growth.
People will forget basic economic principles again, raise taxes and regulations over spend like crazy and then it will fall apart again.
- s1artibartfast 4y agoHopefully the next prez has a mind for more spending controls and wiser investment than the last few. You don't need austerity, but you need to make sure there are returns on investment opposed to just throwing money at problems and seeing what sticks. Because unfortunately, money always sticks