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Politics : PRESIDENT GEORGE W. BUSH

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To: Neocon who wrote (211185)12/19/2001 4:00:04 PM
From: DuckTapeSunroof  Read Replies (4) of 769670
 
Like I said, the greatest period of increased growth was during the early years... and that was coming off of an abnormally depressed period of growth (the '70s).

And, 'the chickens are still coming home to roost'. You are not factoring in the generations it will take to pay off the national debt run up during the 'binging '80s'.

Like I also said, growth would be even higher were it not for the necessity of paying the interest on the national debt (what is it now? something like $50,000 for every man, woman, and child? I forget the current numbers... I'll have to look it up again).

As to 'winning the Cold War', I'd say that Communism had been failing as an economic system for over 50 years. Some things just die when the stench gets too bad. I doubt that those '$900 hammers' - or the 'negative-gee toilets' on the B-1s had too much to do with it. Likely had a lot more to do with the fact that Capitalist economies had been out-performing the command-driven ones for half a century or more, and in our modern media world, it was just too hard to keep word of that out-performance away from the plebs.

After-all, how 'ya going to keep 'em happy down on the commune when MTV is beaming down from the satellites?
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