🚀 go-pugleaf

In article <1992Aug25.224147.3744@desire.wright.edu>, demon@desire.wright.edu (Stupend writes...
>In article <1992Aug25.173645.16913@oakhill.sps.mot.com>, pjm@anegada.sps.mot.com (Patrick J. McGuinness) writes:
>> demon@desire.wright.edu (Stupendous Man) writes:
>>>	In the last 100 years we've have four "boom" periods.  Each and every
>>>one resulted from (in part) taxes being lowered.
>> 
>> We got 1920's (1924-1929, Coolidge tax cut) 1960's (1964-1969, Kennedy
>> tax cut) and 1980's (1983-1989, Reagan tax cut).
>> So what's the 4th boom period?
>> 
>	1890s.  (Thus "100 years" instead of this century.)  Sorry about that. 
>I thought I had put in the dates.                          
> 
>Brett                                                      

This isn't meant as a flame, but I seem to remember that after everyone
one these "boom" periods there was a severe recession. 

1920's	followed by the 30's.
64-69   followed by stagflation in the 70's (I remember a bad recession
					in 73-74, but I think there was 
					also one before then)
83-89	followed by the present recession.
I'm not sure of the exact date, but there was a depression in the
1890's as well.

Does anyone have a theory on this?

-Garrett