Monday, October 04, 2004

The Boom Years

If I did my quick math correctly, we had over 14% average annual growth rates during the Carter years. Now that's impressive! Shame things went downhill once that Reagan guy got into office.

Of course, the true golden age existed in 1920s Germany. I don't have nominal GDP figures, but with prices going up 854,000,000,000% in just over 4 months, everyone was getting rich!


50 million German mark note from 1923. Good times!

Where do they find these clowns?
(via Yglesias)