Ah yes, the Reagan years. A very good time for Elites, be they the rapacious Yuppie class (name freshly minted for Reagan's America!) or the many performers and hypesters who rehabilitated themselves with high-profile fundraisers for the devastated working class. Something for everybody, right?
I wish that Fox News could be designated as a terrorist org that harms our country. And who allowed Fox to get a foothold in our country? Bill Clinton. Fuck him.
Ta, Dok. No Victory gin and cloves for me, thanks. Very glad our neighbor has a spring and lets us get all the clean water we need for the pied-Γ -nuage. Here at the pied-Γ -terre, we filter the tap water in a Big Berkey.
Ronnie Raygun was a doddering old fool, and a total piece of shit who cared nothing for humanity. That Thing currently occupying our White House is worse.
Volker's recession did break the back of the stagflation that damaged Jimmy Carter. But Reagan's tax cuts generated deficits as far as the eye could see. It was only Clinton's tax hikes that brought deficits under control -- until G.W. Bush cuts taxes *and* waged a war on debt. Then Trump cuts taxes and wants to cut them some more. And as a result the rich have become super-rich and now Mega-Rich. A wealth tax on Musk's, Bezo's, etc stock holdings were do a lot to balance the budget without impoverishing the poor.
Recently a lot of voters felt that the economy was bad. It wasn't. What is bad is our corrupt tax system. This country has gotten hugely richer in the last 30 years and almost all of that increase has gone to the top. The middle class is shrinking.
The Dems also need to message that a tariff is just a sales tax, only at the international level instead of state. Point out what a 25% state sales tax would do to prices and ask if they really want that.
The Reagan recession was the worst since the depression. The unemployment rate was 14.7 percent - worse than 2008. I had the misfortune of graduating college at that time. There were no jobs for engineers as the plants that hired them were laying off or closing Had to practically beg for my high school grocery store job back.
Gotta love how "Trump's Big 3" no longer includes the Dow Jones Average, and suggests that Donnie knows one fucking thing about bond yields.
Fox can't help being Fox, no matter how stupid it makes them look.
Next thing you know they'll be spinning St. Ronny's legacy to convince people he actually had a soft spot for Russia.
Nazi Teen Bungle Force-AHAHAHAHAHAHAHAHA. Brilliant! ππ₯€ππ₯©
musky and trumpy talk about "necessary pain," but I absolutely doubt that either of them will feel any of it. So, just how "necessary" is it?
Linear time? Is that not a thing now? DD Booth credits the policies of Reagan--who took office in January 1981--with starting a recession in 1980.
Is it just me, or is there something wrong with this picture?
Ah yes, the Reagan years. A very good time for Elites, be they the rapacious Yuppie class (name freshly minted for Reagan's America!) or the many performers and hypesters who rehabilitated themselves with high-profile fundraisers for the devastated working class. Something for everybody, right?
FU FOX!!!
Sandra Newman's novel "Julia" (the story of "1984" from the point of view of Winston Smith's lover) is a terrific book.
ββ¦and heβll lock the doors in case heβs attacked.β
Shout out to Joe Walsh.
It seems that MAGA is about to run into another rough patch of economic anxiety.
That never ends well.
I wish that Fox News could be designated as a terrorist org that harms our country. And who allowed Fox to get a foothold in our country? Bill Clinton. Fuck him.
And just how could Clinton have stopped it? Fox is not a government agency. And Presidents do not have absolute power even if trumpy thinks they do.
Ta, Dok. No Victory gin and cloves for me, thanks. Very glad our neighbor has a spring and lets us get all the clean water we need for the pied-Γ -nuage. Here at the pied-Γ -terre, we filter the tap water in a Big Berkey.
Ronnie Raygun was a doddering old fool, and a total piece of shit who cared nothing for humanity. That Thing currently occupying our White House is worse.
Volker's recession did break the back of the stagflation that damaged Jimmy Carter. But Reagan's tax cuts generated deficits as far as the eye could see. It was only Clinton's tax hikes that brought deficits under control -- until G.W. Bush cuts taxes *and* waged a war on debt. Then Trump cuts taxes and wants to cut them some more. And as a result the rich have become super-rich and now Mega-Rich. A wealth tax on Musk's, Bezo's, etc stock holdings were do a lot to balance the budget without impoverishing the poor.
Recently a lot of voters felt that the economy was bad. It wasn't. What is bad is our corrupt tax system. This country has gotten hugely richer in the last 30 years and almost all of that increase has gone to the top. The middle class is shrinking.
The Dems also need to message that a tariff is just a sales tax, only at the international level instead of state. Point out what a 25% state sales tax would do to prices and ask if they really want that.
Of course nobody ever mentions or admits, or remembers, that Saint Ronnie "deficit hawk" Reagan TRIPLED the national debt in his first term alone.
They want to wreck the economy so the. Billionaires can buy everything up at fire sale prices
The Reagan recession was the worst since the depression. The unemployment rate was 14.7 percent - worse than 2008. I had the misfortune of graduating college at that time. There were no jobs for engineers as the plants that hired them were laying off or closing Had to practically beg for my high school grocery store job back.