Thu, 8 Nov 2012, 4:54am PST
Everything goes in cycles. We've seen politics go from social nationalism in the 50s to nearly unrestrained capitalism in the 90s and 2000s. The next step in that direction was a reversion to the days of robber barons controlling politics. Maybe we've averted that outcome and are back on track toward social progressive politics. If that's true, then expect taxes to rise, unions to wax, and ironically, prosperity to return.
If history repeats itself that is.