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Who can say for sure? But as America's second Gilded Age fissions all around us, one can sense the zeitgeist shift. If we are staring into the abyss of 1929, what do those grim times portend for us in the months ahead?
History accelerates at unimaginable speeds. Cherished beliefs and inviolable maxims are thrown overboard with hardly a farewell. So today the universal rush to embrace regulation after a quarter-century of treating it like the plague should remind us how quickly our Depression-era ancestors abandoned hoary shibboleths about laissez-faire and balanced budgets.
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