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This is an intellectually lazy argument. The 1980s was a huge inflection point for our economy overall. It was the beginning of the baby boom. The end of Brett
by legitster 2y ago
This is an intellectually lazy argument.
The 1980s was a huge inflection point for our economy overall. It was the beginning of the baby boom. The end of Bretton Woods was just being felt. Instantaneous international markets were a thing for the first time.
You can pull as many threads as you want to make the case that it all points to the minutia of a single administration - but they just happened to be at the wheel when the tide was changing.
- lapcat 2y ago> It was the beginning of the baby boom. Which baby boom are you talking about?
- legitster 2y agoSorry, the introduction of the baby boomers into the economy. The baby boom was 50s and 60s, so late 80s is when they started working and consuming things.
- lapcat 2y agoNo, you're a bit off here. The Baby Boom started in the mid 40s, so Boomers started working and consuming things in the 70s. In the late 80s, GenX were reaching adulthood.