And it will be followed by indexing in 1985. If they had their way, they'd tax motherhood and apple pie. A recovery is gaining momentum, and the economy is beginning to sparkle. Tax rates have been cut. Real wages are improving.
Retail sales are up.
Productivity has reversed its decline. The stock market has surged into new high ground. Venture capital investments have reached record levels. Production is increasing in one industry after another. More and more workers are being called back.