By John F. Di Leo -
It began quietly enough.
A talking head on television would say it’s unfair to expect the robust economic boom of the 90s again; we had the “peace dividend” to thank for it, and it’s not like the Soviet Union is going to fall again. Or a columnist reminds us of the invention of the modern computer in the early 80s, and then the arrival of the internet age in the 90s; such technological breakthroughs were a once-in-history occurrence; they’re responsible for the booms we remember, nothing else.
Or some caller on the radio, aged and experienced, with opinions fortified by a lifetime of drinking the kool-aid, sagely reminds host and callers alike that “in my day, the boom was the result of ending World War II… we can’t, and shouldn’t, hope for a thing like THAT again!”
And it all seems innocent enough. Thoughtful. Reasonable. Because economic booms just “happen” – they aren’t the result of anything we’ve done, they’re wonderful good fortune, nothing more. Like finding a silver dollar on the pavement in a walk in the park; it’s all just good luck. Be grateful for it, but don’t think there’s anything that the government can do to create a boom, or to help one along. That’s what we’re told, by the serious, practical, realistic commentators of the Modern American Left.