"A long time ago, in a galaxy far, far away, the American dream was going to hell in a handbasket. I speak, of course, of 1980, a time that seems as remote to the elite imagination as those of the days of America’s founding. The news then was dominated by “the misery index” measuring high unemployment and double-digit inflation. Our economic predicament was worse than today and the mood was famously, as associated with the feckless President Carter, one of “malaise.” All of the conventional policy prescriptions were proving ineffectual at turning it around. Nobody in power seemed to know where to turn." Read more. "The Rise and Fall and Rise Again of Supply-Side Economics" Ralph Benko Forbes, March 28, 2011. Image by Exsodus / FreeDigitalPhotos.net.