Posted at 8:50 am by Glenn Reynolds
DEFLATION: Are We Heading For America’s “Lost Decade?” One hopes that the inflation-fears and the deflation-fears will somehow cancel out, but recent experience suggests that they will instead find some sort of unpleasant synergy . . . .
MAYBE WE'RE NOT "HEADED FOR" IT; MAYBE WE JUST WENT THROUGH IT - BUT WE ONLY FOUND OUT ABOUT IT WHEN THE BUBBLE BURST AND BROUGHT US BACK TO REALITY.
I MEAN, ER... UM, IF YOU LOOKED AT A 10 YEAR DOW CHART OR A 10 YEAR CHART OF HOME VALUES YOU'D SEE THAT WE WENT NOWHERE THE LAST TEN YEARS.
HOW CAN WE PULL OUT OF IT?
WE NEED TO CUT TAXES AND SPENDING.
THAT'S THE EXACT OPPOSITE OF THE DEMOCRAT'S LEFTIST AGENDA.
IOW: IF YOU WANT TO IMPROVE THE ECONOMY, THEN VOTE GOP THIS NOVEMBER.