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To: expat_panama
Somehow it never seems to matter that America has grown steadily for hundreds of years.

If you want to call conspicuous consumption based on credit "growth" then go ahead. If not, then the very premise is bogus and American has had very little growth since the 60s and net negative growth since around 1990.

Living high is not "growth" but who am I to sneer at the porsche in the garage of the McMansion. Enjoy it while you can.
57 posted on 03/06/2014 6:12:56 AM PST by AK_47_7.62x39 (There are many moderate Muslims, but there is no such thing as a moderate Islam. -- Geert Wilders)
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To: AK_47_7.62x39
America has grown steadily for hundreds of years

conspicuous consumption based on credit

Ah, that's what you think of the Louisiana Purchase, the Transcontinental Railroad, and America's world leadership in the twentieth century.  We can agree to disagree.

58 posted on 03/06/2014 8:19:01 AM PST by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
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