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I found this statement amusing too. Somehow, regulations enacted in the 40's took over 60 years to impact the industry? Seriously? The 80's and 90's, under the
by jonwachob91 10y ago
I found this statement amusing too.
Somehow, regulations enacted in the 40's took over 60 years to impact the industry? Seriously?
The 80's and 90's, under the same regulations, where able to ignore those regulations and have tremendous growth and positive effect on the economy.
Sounds like an economist who doesn't actually know what is going on so he's making shit up.
- gnutun 10y agoTo be fair, the article was referencing regulations added since the Great Recession, so after 2008.
- ndonnellan 10y agoGreat Recession, not Great Depression
- muzz 10y agothat would be 2008, but the graphs start in 1977