william the wie
Gold Member
- Nov 18, 2009
- 16,667
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Right now the Rs are using deregulation, taxcuts, the SALT deduction cap, D missteps and trade negotiations to amplify the recovery from eight years of Obama's mismanagement of the economy. This is the Eisenhower recipe for growth. Eisenhower's defense highway act and greenlighting the St. Lawrence to create continuous economic growth during both terms. But due mostly to furlough babies (1943 and to a lesser extent 1944 births) and younger labor force entry job growth lagged relative to GDP growth. These episodes were called growth "Recessions".
While growth recessions are unlikely, early retirements and the realization that the D student loan scam was and is a scam along with the collapse of parts of the Blue Wall are going to hit hard some but when is the question.
While growth recessions are unlikely, early retirements and the realization that the D student loan scam was and is a scam along with the collapse of parts of the Blue Wall are going to hit hard some but when is the question.