https://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)https://archive.freecapitalists.org:443/forums/thread/235953.aspxTue, 28 Jul 2009 01:47:40 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:235953krazy kaju0https://archive.freecapitalists.org:443/forums/thread/235953.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=235953<p>Woods is speaking of growth in a single year; Galles is speaking of growth under an administration. The two are completely different examples and both are compatible with each other.</p> <p>To use a false example, I could easily say that in 2005, we had the fastest economic growth ever, but during the course of the Reagan administration, economic growth averaged higher year-on-year than in any other administration.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/235951.aspxTue, 28 Jul 2009 01:44:57 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:235951Individualist0https://archive.freecapitalists.org:443/forums/thread/235951.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=235951<p>In his book <em>Meltdown</em>, Dr. Thomas Woods says (p. 104) that in1946 &quot;the private sector [in America, presumably] experienced the greatest single growth spurt in American history.&quot; </p> <p>But <a href="http://www.freedompolitics.com/articles/coolidge-1313-freedoms-calvin.html">Gary Galles</a> says &quot;[Under Coolidge, r]eal economic growth averaged 7% per year (the highest growth on record).&quot;</p> <p>Who&#39;s right?</p><div style="clear:both;"></div>