[Pelham]

The 1980s boom also benefited from Reagan’s program of removing regulatory burdens off of business, an often overlooked leg of Reaganomics.

While the current era may mimic the falling oil prices of the ‘80s the regulatory burden is moving in exactly the opposite direction. Obama is greatly increasing the red tape that business has to deal with, beginning with Obamacare. It is the regulatory burden that will prevent the economy from booming.

[ckilmer]

While the current era may mimic the falling oil prices of the ‘80s the regulatory burden is moving in exactly the opposite direction.
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Agree.
http://www.heritage.org/research/reports/2011/07/economic-recovery-stalled-after-obamacare-passed

[ckilmer]

It is the regulatory burden that will prevent the economy from booming.
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Agree. However, the oil boom will keep the economy from going down the toilet and especially the oil boom will ward off existential dangers to the dollar.