Took my Max up to the top of the big hill behind the house that lets me look over the whole city and thought a bit about 30 years ago on election day. My recollection is that I didn't vote, nor did I watch anything on TV. I'd voted for Carter in '76, but by 1978 it was already pretty obvious that he wasn't a good president and that the future of the US wasn't looking very bright under his policies. I still didn't care much about politics though, but I probably had picked up my first National Review and started to consider that maybe there were "other views" than the MSM, standard man in the street outlook.
So, 30 years later on a nice warm evening with a stiff breeze from the south I sat and looked back at city lights of which a large majority would not have existed in '78. The two years that followed '78 proved that Carter was a REALLY bad choice. Reagan was elected in '80, the direction of the country changed and we went through the longest and largest piece of growth in American history. It was a great time to have a career, get married and raise a family. I'm very thankful to Ronald Reagan.
In '33 the Dems took over big, the market tanked shortly and it never got back to it's '29 highs until '53. They similarly took over in '65, the last market peak in '66 was not exceeded until '83. So does anybody expect the Democrats to do better this time around? My guess is that most of the voters either don't know the history or don't care. I think a lot of folks have simply bought the MSM view that "Bush has been a disaster and we need change"--they weren't in any mood to look any deeper than that. I also suspect that a significant number of folks at least think that they are now "anti-business" or "anti-market". They apparently believe that America can somehow have "prosperity without productivity", or that we can somehow have productivity wihtout business, markets and profits. I believe they are horribly wrong, but we will get a chance to see if I learn something .
Tuesday, November 04, 2008
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