you are forgiven for being jaded. It is a curable condition. It helps if you quit being a self-loathing leftie.

A boom refers to a period of increased commercial activity within either a business, market, industry or economy as a whole.

Read more: Boom http://www.investopedia.com/terms/b/boom.asp#ixzz4RQHxbpMf 

It has already begun to affect the stock and bond markets. It won’t take years to affect the auto market.

Agreed re: volcker Stagflation was an issue for nixon/ford/carter and into reagan. It took enormous courage to back what volcker proposed. And no doubt reagan inherited the problem. Reagan did indeed run deficits - there was a war to be waged and won and as a % of GDP debt went down during those eight years.

I think that in short order someone will figure out a way to remove the thing from the windshield - (injecting wd40 under the suction cup comes to mind...)

No it was not deregulation - it was mandating fannie and freddie back NINJA and other loans - that’s regulation - not deregulation:

no, cut taxes - grew the economy enormously, and spend the money needed to end the cold war and destroy the soviet union and impel china to liberalize its economy which in turn lifted between 1.5 to 2 billion people out of poverty.

Which deregulation caused a crisis? It was regulation - banning relining and forcing Fannie and Freddie to make very high risk loans that caused the last crisis>

From Wiki:

paranoid much? The biggest environmental catastrophe during obamas tenure in the US was caused by the EPA:

Those regs made it easier for the crony elites to make more money - not less. Deregulation will do the opposite.

An excellent pick like all of trumps others thus far.

Reagan cut taxes 25% and pushed through massive deregulation in telecoms and transport (a process started during the carter administration by Dems who would be considered republican today) triggering a boom that lasted into the Clinton years (save for a very small technical recession in GHWBs last year).

Deregulation and rollbacks of as much or more of the 600000 pages regulation created during obamas term is the firm basis of optimism.

No, massive deregulation plans by president trump are expected to cause much higher economic growth.

I’d torque that.

Poppycock. It just works very slowly sometimes. There are innumerable examples of an equally productive company taking business away from a company that has higher wages or where one company gets more made for the same wage cost.

while i understand the gesture of compassion I question this story being a good moral lesson. A simple way of illustrating that would be to reverse the roles:

hitler was an average german soldier.

Never buy one new.