You're going to have to take a look at the numbers again.
The real GDP increased about 2.7 percent in 1992-1993 and 4.02 percent in 1993-1994. In 1994-1995, it went up 2.5 percent and in 1995-1996 it went up by 3.70 percent.
Sorry, man. The numbers don't bear you out.
Bottom line is that the biggest myth out there is that republicans are good for the economy. Hell, man, the Great Depression took place on a republican's watch but they're supposed to be good for the economy?
I also like your "mindless following of the left's mantra" line. First, define "left." Second, what mantra is it that I'm allegedly mindlessly following?
As for the straightening out due to basic economic principles, why would it? If companies can save a few bucks by offshoring jobs or lowering wages to Wal-Mart levels, many of them will do it.
Hell, man. We're talking about airline wages and you can't tell me government getting out of the business of regulating airline operations didn't cause a lot of the pain we're seeing now unless you feel like lying to me. I know you don't.
OK, just ticked up slightly until the elections of 94, recall what happened during that election? Recall what happened on the next one? You've made my point, thank you.
I agree that the Republican's aren't necessarily good for the economy. It is equally true that the Democrats aren't either. You can make the argument either way, which just proves both are inaccurate.
As for it straightening out economically over time, it will. You need to do some study on economic theory. It has to because the market will lead to it. If pilot working conditions are very bad over a long enough period, they WILL end up creating a pilot shortage with the inevitable results of a push on wages. The more laws are created to try to "help" the situation, the more it will just make the process move slower, which is what is happening now.
Of COURSE the gov't getting out of regulating the airlines caused pain, but, overall, it did benefit most consumers. Imagine if we protected the auto industry from foreign competition, how efficient would our cars be now, how well would they be, maintenance wise? Same can be applied to other industries as well. Less regulation forces more efficiency. Yes, it comes at a price, like my blacksmith example, people are displaced, but in the LONG term it is better for the economy.
While the airlines are a different animal now, ticket prices are a LOT cheaper and many more people fly. There are, actually, MORE pilot jobs now than there were. Is that a good or bad thing? Depends on many subjective issues!
