On Conservatism

Economic Growth Is Not a Mystery, Yet It Eludes Democrats

By Pete Ferrara ● Observer ● 10/16/2017


America sustained a 3.3 percent rate of real economic growth from 1945 to 1973 and the same 3.3 percent from 1982 to 2007. It was only during the stagflation 1970s, when McGovern Democrats and their liberal Keynesian economics ruled Congress, and under President Obama that the U.S. economy fell short.

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