That or just stagnation.
Oh it rhymes, all right..this guy is just looking in the wrong places.
We’re entering a Crisis. The 60s were an Awakening. The pattern is a saeculum, not a verse, and it’s 80-100 years long. We’re due for some dark days ahead, but a new beginning is on the horizon.
Naw, the Obama regime is just busily building it’s permanet underclass to vote Democrat for life.
Obama’s regime goal is the same as that Fascists FDR regime’s goal was.
PERMANENT UNDERCLASS, who votes for their freebies each election. Pathetic.
No. We are headed for 1930s style Great Depression if these policies aren’t reversed pronto.
“we must be careful not to expect history to rhyme stanza after stanza.”
Good point, but “tax and spend” has been a pretty reliable predictor of Democrat behavior for decades. Of course, now it’s switched slightly to “spend and tax” but the basic behavior/policy prescriptions still are remarkably consistent.
Imagine someone had been launched into outer space in 1969 and was just returned to earth. If told that some political party had run up trillions in deficits and enacted health care reform on a pure party-line vote, do you think that astronaut would be stumped if asked which party he thought was responsible?
Obamalaise
If we have to, can we get something similar to those old tv shows and music (the stuff that wasn’t disco was pretty good.)?
My money is on hyper-stagflation.......the 1970’s on steroids. Bernanke has promised many times he will never allow another deflationary depression, but as history shows us in other examples he will end up overplaying his hand and will create so much new money that once it begins to cause inflation, it will likely get out of his control quickly like wildfire when everyone realizes that the dollars they are holding are worthless.