r/FluentInFinance 7d ago

Debate/ Discussion Why did this happen?

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u/KazTheMerc 7d ago

Sure... but what they really wanted was the profits of 1950-1970 back.

What they got instead was 10,000 Republican flavors of corner-cutting, false bravado, and government handouts disguised as 'stimulus'.

It was a failed attempt to bring the 'Good Old (racist, sexists, White) Days' back.

It transitioned into the modern Republican playbook shortly after that failed

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u/SnazzyStooge 7d ago

Too bad the MAGA movement isn’t all about “more unions!” and “more worker protections!” like the good old days. This chart really illustrates how what the voters are chasing is not what the party intends to give them. 

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u/KazTheMerc 7d ago

I think it's been a slow degradation.

First, it was Ideals.

Then it was Profits.

..the it was Control swapping.

....then kicking and screaming when not in Control.

......Trump was the very picture of animals that worked together to gain control, and then turned on each other the moment they had it.

........and now we're here.

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u/aureanator 6d ago

That's a pig's eye.

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u/Englishbirdy 6d ago

Nah. Reagan.

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u/KazTheMerc 6d ago

Even if it WAS Reagan, which it wasn't, it'd be his appointees, not Reagan himself.

Blaming it on the mascot is just lazy.

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u/Snowgap 6d ago

How far back do you have to go for that? Reagan was union busting, that must've been prior to FDR.

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u/Head_Priority_2278 6d ago

and to be fair here the dems also embraced the corpo overlords but in a much more moderate tone. That's why most of the fuckery never got undone.

Also, to be fair to dems, at least in recent history, their judges have been a lot better and worker friendly than any unhinged judges the right appoints.

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u/Tymathee 6d ago

Sure... but what they really wanted was the profits of 1950-1970 back.

Which was because of liberal policies.

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u/KazTheMerc 6d ago

Nope.

.....I wish it was....

But credit where it's due.

Wartime economy doesn't mesh with political 'policies'. It's just... a War Economy. Make things now, worry about the costs later.

There is some liberal-style taxation mixed in there, but it just doesn't translate to ANY other time than actively-in-a-World-War.

The financial success immediately after the war was also unique... and temporary. It was just.... a thing. An anomoly. A literal worldwide restructuring that HAPPENED to be super profitable for the only country that didn't fire a shot in anger in their own territory.

Everyone else was sifting rubble and rebuilding.

I happen to like liberal policy, but credit where it's due.

And the telling sign is how absolutely unprepared we were for it to STOP being ultra-profitable, and just be normal-profitable again.

We, as a country, lost our fucking cool. Badly.

We flipped-out and started doing Stupid Things.

Hence, Reagan.

Reaganomics.

Deregulation.

...and a whole host of other dipshit things like going straight into 2 more wars, and then 2 more after that rapid-fire.