In response to:

How Paul Ryan Could Help End "The Little Dark Age"

Consag Wrote: Sep 05, 2012 8:25 AM
"It is odd that the long stagnation has not emerged as a focus of the presidential election — from either nominee or either party. That possibly is because both parties, embarrassingly enough, are at fault. America is entering its fifth decade of punk (less than 3% average annual GDP) growth and second decade of pure stagnancy — growth arguably averaging under 2%. Less than 3% is bad, but less than 2% is slower than population growth. That implies a severe absence of opportunity to flourish: a “Little Dark Age.”" Did you read this?
Donjindra Wrote: Sep 05, 2012 10:14 AM
"Did you read this?"

Yes, and I read the silliness about a gold standard -- as if our way out is through fantasy accounting.

A Saturday Evening Post reporter asked, in 1932, John Maynard Keynes if there had ever been anything like the Great Depression. Keynes replied, “Yes. It was called the Dark Ages and it lasted 400 years.” While the Great Recession is not so severe as was the Great Depression, it begins to appear that the world is enduring something that could be called “The Little Dark Age.”

It is odd that the long stagnation has not emerged as a focus of the presidential election — from either nominee or either party. That possibly is because both parties, embarrassingly enough, are at fault....