Not necessarily!

Depends on outside factors and weaponised energy costs and capital costs. And servicing the crippling debt burden!

And the ideologies of left and right jettisoned in favour of bipartisan pragmatism. An impossibility for them?

And how well they come out of the pandemic? Which given the deplorable actions of gun-totting rednecks, the recalcitrant religious right in a totally divided country with too few real heroes. Not too promising.

And crippled by crumbling infrastructure, No longer fit for purpose or the needs of a robust recovery?

Just too divided by self-serving, greed is good, robber barons to act as the unified, common purpose country it needs to be to do very much? And not assisted by patent incompetence at the helm?

I see a crash followed by a worse one? And we need to isolate ourselves from it with a Great Depression style new deal and economic paradigms that were the most successful then and spectacularly so, post-war!

Or follow a robber baron lead journey into a very dark economic hole that will take decades and possibly, a war to end all wars to get out of!?

You choose, we can do one or the other, not both! So, state your preference, then live with that decision and legacy!

Take care and stay safe.
Alan B.

I can believe the crash part of the theory, but have difficulty believing the boom part of the theory.

I think it will probably be more accurately aligned to Huey P Longs prediction of the depression.
Here's his poignant quote:

...Long said of the 1929 crash, “The wealth of the land was being tied up in the hands of a very few men….When the fortune-holders of America grew powerful enough that 1 percent of the people owned nearly everything, 99 percent of the people owned practically nothing, not even enough to pay their debts, a collapse was at hand.”...

Dan

Well said, Dan.
Alan B,