Nice thirty year chart showing the net change in interest rates, via the 30-year treasury bond.
Given the high (inverse) correlation between interest rates and stock prices, the 1982 to 2000 bull market is much less about productivity, ideology, or deficit reduction — it was about falling interest rates, plain & simple.
30 Year Treasury Bond, 1979 – 2009
via Yahoo! Finance
Hat tip Paul
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.