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Venomous posted:the Democratic Party hasn't supported any form of left-wing or even centrist economics for at least 20 years + any attempts at economic reform in that direction would still be stonewalled by the GOP I would say "largely embraced" rather then "didn't exactly destroy," at best Obama allowed some very mild Keynesianism in the first term and largely became a deficit hawk after that (that "grand bargain" always slipped through his hands). I think we may get a slightly shift to the center at the beginning of a crisis with the hope that the Democrats (or similar parties elsewhere) can fix the problem and then it will immediately start to get worse after that. Granted, I think we are still very much still in a relative "sunny" period of growth, but employment data should give us a good idea where we are going in 2 years. U6 is the best it has been since 2007, a year before the great recession.
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Apr 11, 2017 11:56
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| # ¿ May 16, 2024 14:05 |
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