Tilted Forum Project Discussion Community - View Single Post - Palin's Republican Tea Party: the Return of Reaganomics and American Exceptionalism

ASU2003 · 11-02-2010, 10:14 PM

What economic 'wave' is coming? Reagan had Microsoft & Apple making every school, business, and homes buying computers in the late 80s to help Reagan. Clinton had the dot com companies get a lot of money flowing around that could be taxed and created surpluses. Bush had an artificial housing boom and war spending in order to get money to change hands.

I'm not saying that it can't happen (if you could predict these trends you could make millions in the stock market), but I don't see what new private sector industry will get created that will hire lots of people, increase the velocity of money around the economy, or change people's lives in the next 2-10 years.

11-02-2010, 10:14 PM	#43 (permalink)
ASU2003 immoral minority Location: Back in Ohio	What economic 'wave' is coming? Reagan had Microsoft & Apple making every school, business, and homes buying computers in the late 80s to help Reagan. Clinton had the dot com companies get a lot of money flowing around that could be taxed and created surpluses. Bush had an artificial housing boom and war spending in order to get money to change hands. I'm not saying that it can't happen (if you could predict these trends you could make millions in the stock market), but I don't see what new private sector industry will get created that will hire lots of people, increase the velocity of money around the economy, or change people's lives in the next 2-10 years.