"Gary R Coffman" wrote in message
news

You're doing back-porch economics here, but it's easy to test. If what
you're saying was true, it would show up as a decline in GDP per capita.
But
there was no such decline.

Sure there was, but you have to calculate it in *constant dollars* to see
it.
That's the only way you can compare actual purchasing power differences
between years.

Gary


This is a joke, right?

Ed Huntress