> 1 Let’s see. It’s the 1980s, and our economy has been beset by 8-12% annual inflation, amidst general stagnation. Is there anything we could do in this situ

> 1 Let’s see. It’s the 1980s, and our economy has been beset by 8-12% annual inflation, amidst general stagnation. Is there anything we could do in this situation to increase economic output, and thus the supply of goods and services, and maybe even increase employment at the same time? Might any of those, perhaps, be promoted through the investment of capital, in any manner at all? No!!! Like Nixon and Ford and Carter before us, we shall maintain very high taxes on the returns from capital investment, as we try subsidizing demand once again with stimulus spending! It’s sure to work this time.