Quote:
Originally Posted by NewToCA
Dow Jones Industrial Average did pretty good in the 1990-1998 timeframe:
Quotes for ^DJI - Yahoo! Finance
Businesses did well under Clinton, and job growth significantly improved too:
Where can I find the unemployment rate for previous years?
Not a fan of either party, but I want to be fair here too. I credit Reagan for significantly reforming taxes to enhance rewarding diligence, and Bush for rewarding thrift and encouraging marriage (financially). But Carter broke the back of inflation by courageously teaming with Paul Volker in 1979 to allow interest rates to rise to whatever level was necessary to stifle inflation. |
Yep Reagan did a lot
he did deregulate corporations from any liability from human beings and their frailties - Many have done well in the last 25 years- especially those who are well heeled and wealthy.
Trouble is we have an aging population- with a huge bulge of boomer's, ready to retire with not alot of money.
The Reagan era is long gone- its aftermath may prove its undoing- till that 'bulge' of boomer's and even post boomer's is dead.
You can kiss the conservative philosophy dead for many years.
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