he said something very true when comparing the two periods in CTC, he stated that clearly you can't argue that from 75-00 the economic by every meaningful measure was worse than it was from 42-66, the numbers are the numbers and even those are understating how bad 75-00 was because the govt and corporations changed all their methodology in how they report a lot of that data, so it masks even more weakness. The one major difference, the stock market gained about 1930% over that period, about double what it did from 42-66. He says this is the "new economy" that everyone can "feel" in their bones and they believe so strongly in.