[MD] growth and sustainability

[ml]

Morning Platt,

<snip>

P
> Excellent, Mel. Inflation (caused by government printing money unbacked by
> silver or gold) is a hidden tax used to pay for programs considered by
> government to be for the "public good." In the U.S., the currency was
> partially released from the gold standard by Roosevelt in the 30's, then
> completely released by Nixon in 1971. You have well documented the
> insidious effects of this legalized robbery of the general public. Another
> effect is that up until the mid-50's in America, a working husband with a
> wife at home raising kids produced a decent standard of living (and decent
> kids). Now, it takes two parents working to provide the same standard of
> living and the kids -- well, check high school and college drop out rates.

m
Thanks.    You are right about how much more it takes to support a family
than used to be the case.  That is one of those long-view insights that
many are unaware of.

thanks--mel