[circlecity]

E"xactly. the 80's boom was a product of Moore's Law dramatically improving business productivity with the advent of the PC on every desk."

Not only did it increase the productivity of existing business, the IT and Internet boom represented a massive new industry which didn't exist 10 years previously. Trillions of dollars of new wealth were created out of thin air by the ingenuity and industry of productive men under a capitalist system. Economics is not a zero sum game.

[ConservativeDude]

Economics is not a zero sum game.”

Unfortunately, about 40% of America (though they don’t understand it) believe precisely that, and about 20% are not sure what they believe, but they cast the deciding votes every election....at least for now, that 20% are on our side. So I suppose that’s a good thing.

But unless that 20% at some point begins to understand the nature of economics and the nature of reality, we are going to continue to slide....