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Actually, we sorta tried this between 1850 and 1920, which is pretty much the highest GDP growth time period in the history of the US.
by drcode 13y ago
Actually, we sorta tried this between 1850 and 1920, which is pretty much the highest GDP growth time period in the history of the US.
- imgabe 13y agoWhich also included a financial crisis and recession roughly every 10 years and ended with the Great Depression. How much faster would the economy have grown if it hadn't been plunged into recession once a decade? http://en.wikipedia.org/wiki/Financial_crisis#History http://en.wikipedia.org/wiki/Financial_crisis#History
- drcode 13y agoGrowth might have been faster or slower, who can say.