ginwilly
Well-Known Member
11 recessions since the depression. A pattern with the recoveries have always been the deeper the recession the stronger the recovery. Until now. GDP growth peaked at 2.1% and has shrunken since. We've seen 13% growth under Reagan who took a different approach.
We had a pretty impressive 25 year run until Bush policies started the downturn. It's a shame we followed that up with even stupider economic policies. If we had followed it up with nothing we would be much better off. We have a record number of welfare, a record number of "disabled" citizens all while the largest segment of our population is aging. It's going to be a bumpy decade or so. If we do what Japan has done and expect different results we deserve what we get.
We had a pretty impressive 25 year run until Bush policies started the downturn. It's a shame we followed that up with even stupider economic policies. If we had followed it up with nothing we would be much better off. We have a record number of welfare, a record number of "disabled" citizens all while the largest segment of our population is aging. It's going to be a bumpy decade or so. If we do what Japan has done and expect different results we deserve what we get.