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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident Biden is, brick-by-brick, dismantling the RAY-gun "trickle-down" bullshit
If he were 100, that alone would be enough to vote in such massive numbers, he wins 40 states.
Anyone born in this country after 1988 has less opportunity than their parents did,. In everything from economic security, education, civil rights, personal safety, pursuit of the Americans Dream, wages, pensions, medical benefits, transportation, infrastructure, environmental safety, those born after the RAY-gun "revolution" are WORSE OFF THAN THEIR PARENTS
It's not even close. In fact, it's so fucking obvious, there should be massive protests closing down every state in this country.
Prior to joining the Navy in 1982, I was a full-time stock clerk at a Big Bear Supermarket in Columbus, OH. In 1982, I was making $12.60 an hour, time-and-a-half for overtime, double-time for Sundays, or holidays, and even got 8 hours of pay for my birthday, whether I worked that day, or not. This was a choice job for a high school graduate. It was the type of job that could place you solidly in the middle class. You could buy a home and raise a family with this job. If you spent wisely, you could even afford a summer family vacation.
What I made at that job in 1982, is equivalent to about $92K per year in today's money. The next time you are at Giant Eagle, or Kroger, ask one of their stock clerks if they are making $92K per year.
RAY-gun did a lot of harm. His policies have spent 43 years hollowing out the Middle Class. That hollowing absolutely devastated the children and grandchildren of Americas once robust Middle Class.
But, worse than that, with the help of the Retrumplican Party, he hollowed out our sense of community and shared values. The trickle-down bullshit absolutely destroyed Americas sense of shared sacrifice. Suddenly, is was greed over good, and selfishness over selflessness.
President Biden is working to tear down the disastrous economic and inhuman policies of 43 years of "Fuck you, I got mine".
The young people born after 1988 have never lived in a country that worked to give them a better life. Sure, we made progress under President Clinton and President Obama, but that was always tempered by the fear of Ray-guns 49 state win.
My generation had the GI Bill, fairly affordable college, and even jobs as stock clerks that could put you solidly in the middle class.
Now, an entire party is going all the way to the corrupt Supreme Court to deny them even a measly $10K in student loans relief.
I am Riding with Biden
moondust
(20,006 posts)Pretty much the opposite of Raygun's "trickle down" BS that was designed to help the rich (white guys) get richer--leading to predatory capitalism, widespread corruption, and massive inequality.
Possibly the most absurd thing I've ever heard of:
Tucker Carlson Made As Much As $20 Million A Year At Fox News
CousinIT
(9,257 posts)FakeNoose
(32,748 posts)calimary
(81,466 posts)Visual cues are best. Thats what gets through, and sticks. Lots of words - people get lost and many dont want to have to work that hard (reading through a bunch of copy) when ONE shrewd image is a quick hit, and drives the message home in be glance.
LetMyPeopleVote
(145,554 posts)There is no Tax-Cut Fairy and trickle-down economics do not work in the real world. Part of the Inflation Reduction Act is the 15% minimum tax on the rich. If the GOP gets control of the House or the Senate, there will be attempts to use the debt ceiling to try to undo the 15% minimum tax and adopt some trickle-down economics
Link to tweet
https://www.washingtonpost.com/business/2020/12/23/tax-cuts-rich-trickle-down/
According to one of the most comprehensive studies to date on tax cuts for the rich, this should come as no surprise. A London School of Economics report by David Hope and Julian Limberg examined five decades of tax cuts in 18 wealthy nations and found they consistently benefited the wealthy but had no meaningful effect on unemployment or economic growth........
First, the tax cuts succeeded at putting more money in the pockets of the rich. The share of national income flowing to the top 1 percent increased by about 0.8 percentage points. (For comparison, in the United States the bottom 10 percent of earners capture only 1.8 percent of the countrys income).
But they had no effect on economic growth or employment. Though those quantities fluctuated slightly after the major tax cuts that were studied, the effect was statistically indistinguishable from zero. The rocket fuel so often promised by supporters of these tax cuts? It fizzles out time and time again.
In the last decade, especially with the pioneering work of Thomas Piketty and his co-authors, there has been a growing consensus that tax cuts for the rich lead to higher income inequality, Hope and Limberg said. Piketty, a French economist, wrote Capital in the Twenty-First Century, a book on the growth of inequality in rich nations......
Given the historically low tax burdens on the wealthy in the United States, their ability to pay for higher taxes has probably never been better.
calimary
(81,466 posts)Grumpy Old Guy
(3,172 posts)Gordon Gecko in "Wall Street."
They've convinced one third of the population that greed is good and caring about people is naive.
maxrandb
(15,351 posts)Of not out of some altruistic reason, then at least because of the values of our homes.
You can say; "Eff you, I get mine", but when your neighbors have their homes foreclosed, or can't afford a new roof, or basic maintenance, it affects the values of all homes in the neighborhood.
Retrumplicans have worked for years to convince folks to only look out for themselves.
Walleye
(31,046 posts)intheflow
(28,501 posts)Those of use who came of age in the '80s have also been screwed over our lives. We never had a chance to live as prosperous adults after he was elected, full-stop. I was born in 1964, which means I should be living some fab Boomer life. But because of the way life unfolds, I was very late entering the workforce, a good four years after my age cohorts. By that time, opportunity was shriveling fast and if you didn't have a foot in the door, it was near impossible to do so after Raygun's reign.
maxrandb
(15,351 posts)That supermarket chain I mentioned? Taken over by a corporation and run into the ground.
They closed, or sold all their stores, and gave employees pennies on the dollar for their pensions.
I took am 80% pay cut to join the Navy, but if I had stayed there, I would have been in my 30s and unemployed. Walmart probably would have hired me at $7.50 an hour
Walleye
(31,046 posts)AwakeAtLast
(14,133 posts)It's taken me 35 years to be somewhat comfortable. One bad thing could make it all disappear.
twodogsbarking
(9,805 posts)proposed in the late 1970s by New York Congressman Jack Kemp, whose initial fame came from his years quarterbacking teams in the National Football League, Canadian Football League, and especially the American Football League.
keep_left
(1,792 posts)To be fair, I do recall Jack Kemp being present at a lot of Heritage Foundation events, and I'm sure he spoke on behalf of a lot of their ideas.
https://en.wikipedia.org/wiki/Mandate_for_Leadership
twodogsbarking
(9,805 posts)keep_left
(1,792 posts)And even after a lot of those ideas were shown to be rather...questionable, Kemp (et al) just kept at it. "Enterprise zones" in particular often ended up kind of like those "Bridge to Nowhere" projects; at other times, they were mired in corruption. A lot of right-wing governors (e.g. Tim Pawlenty of MN) borrowed those ideas and ended up with some real face-plant moments when they didn't work out nearly as well as planned.
twodogsbarking
(9,805 posts)BumRushDaShow
(129,447 posts)Remember that Poppy called it?
Even David Stockman admitted (in kinder words) that his own theory was bullshit -
LymphocyteLover
(5,654 posts)I want the GOP blown out in November 2024!
calimary
(81,466 posts)I want them knocked down so low itll take them decades even just to get up to kneeling position.
LymphocyteLover
(5,654 posts)orangecrush
(19,617 posts)ffr
(22,671 posts)He wasn't that special. A fairly typical man with a fairly typical position, with fairly typical pay.
His income in today's dollars would be over $250,000/yr. I don't make half that! The republicans and their enablers have ruined the lives of the middle class in this country. It's shameful!!!
wryter2000
(46,081 posts)And he has accomplished a lot in the face of incredible opposition (some from two certain Senators who are supposedly Dems).
He's the first politician in power I've heard say that trickle down doesn't work.
BComplex
(8,064 posts)calimary
(81,466 posts)LaMouffette
(2,039 posts)of government actions that could actually HELP the middle class and lower class, such as taxing the super-wealthy and implementing universal health care. Those on the right have been trained to respond with: "That's wealth redistribution! That's socialism!!!"
bringthePaine
(1,732 posts)KS Toronado
(17,317 posts)do a Sunday prime time special on trickle down economics and how it never works. And how it's always
the Retrumplican party screwing working people with their tax cuts for the rich. Convincing people it
doesn't work can't be done in just a few sentences.
patphil
(6,207 posts)Urine bad company if you accept RR's bullshit about feeding the economy from the top down.
The lower and middle classes got hosed on, while they watched the rich get richer.
Picaro
(1,525 posts)And oh so true.