Well , the current economy was propelled by 1) efficiency, which means information technology, computer controlled , automation, productivity plus 2) righr economic policy. A wrong economic policy will kill the current growth completely. Reagon conducted the right economic policy, and starting in 90, the internet come to play , i.e
right economic policy + the right tools to make the economic growth.
We had the president which conducted the policy of free market force
before, why the economy did not grow so strong as what we are having now ? because we do not have the internet, the advanced IT , comminication system, and PCs. So, add the right policy together with the recent revolution in communication , we have the current economic growth. A wrong policy can kill them all !!! |
