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hifiguy

(33,688 posts)

56. But it wasn't a fuckup. It was a carefully planned strategy

Fri Feb 27, 2015, 02:30 PM

Feb 2015

to rape and destroy the middle class and create a feudal/royalist society. It has worked exactly as its creators intended it to.

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Economist Proves: Reagan’s Deregulation caused Today’s Income Inequality. [View all] riqster Feb 2015 OP

K&R abelenkpe Feb 2015 #1

T&Y riqster Feb 2015 #2

"the Reagan Revolution was a huge mistake, a f***-up for the ages..." deutsey Feb 2015 #3

I love throwing their phrase back in their faces. riqster Feb 2015 #12

The Reagan Revolution meme: AlbertCat Feb 2015 #36

True. riqster Feb 2015 #45

But it wasn't a fuckup. It was a carefully planned strategy hifiguy Feb 2015 #56

Maybe the fuck-up was that so many in the middle class deutsey Feb 2015 #62

+1 riqster Feb 2015 #72

That was bad & a big part of it. Never met anyone who switched thank God, or admitted it. appalachiablue Mar 2015 #103

Yep, "welfare queens" and abortion... KatyMan Feb 2015 #78

Yet if there were jobs daredtowork Feb 2015 #92

Very true! riqster Mar 2015 #97

+10 appalachiablue Mar 2015 #104

Good piece. nt ladjf Feb 2015 #4

Thanks. riqster Feb 2015 #13

But stock buybacks are good for workers I've been told on DU. stillwaiting Feb 2015 #5

Lol! riqster Feb 2015 #16

Hope so! brush Feb 2015 #30

riqster is correct. I know it's impossible to tell these days around here. stillwaiting Feb 2015 #34

Modern corporate governance is misguided. riqster Feb 2015 #35

Yes, "shareholder value" above all. amandabeech Feb 2015 #66

And employee retention. riqster Feb 2015 #69

Absolutely! But they don't teach you that at the big B-schools. amandabeech Feb 2015 #71

Just so. riqster Feb 2015 #73

The OP states the stock buybacks (allowed under Reagan) benefit the CEOs and investors brush Feb 2015 #17

I interpreted stillwaiting's post as ironic. riqster Feb 2015 #27

Trolls and apologists gonna troll and apologize hifiguy Feb 2015 #58

See post 34. riqster Feb 2015 #64

Pretty sure hifiguy wasn't calling me a troll. stillwaiting Feb 2015 #74

Amen. I use the sarcasm icon. A lot. riqster Feb 2015 #75

I almost always do. Updated my orig. post to clear up any confusion. stillwaiting Feb 2015 #76

Thanks back atcha. riqster Feb 2015 #77

You are correct! hifiguy Feb 2015 #80

All true except just getting Republicans out! Corporations and the 1% own quite a few Dustlawyer Feb 2015 #6

That is true, and I completely agree. riqster Feb 2015 #10

must read later. BlancheSplanchnik Feb 2015 #7

It's worth it. riqster Feb 2015 #9

Never thought anything different about his crackpot economic theories. greatauntoftriplets Feb 2015 #8

Nor I. riqster Feb 2015 #15

Never thought anything different about his crackpot economic theories. AlbertCat Feb 2015 #39

Laffer was and is laughable. riqster Feb 2015 #48

Laffer was and is laughable. AlbertCat Feb 2015 #60

A thing of positively Gordian beauty! riqster Feb 2015 #63

That looks like Reagan's dick, fucking the American citizenry blackspade Mar 2015 #93

Brain Bleach! riqster Mar 2015 #98

He he blackspade Mar 2015 #100

The turn back to oil, deregulation, disengagement from third world development SoLeftIAmRight Feb 2015 #11

S'truth. riqster Feb 2015 #14

The idjuts that call themselves libertarians, for sure... freebrew Feb 2015 #40

Fair point. riqster Feb 2015 #41

Thx.. freebrew Feb 2015 #43

Piketty supports this also wouldsman Feb 2015 #18

Piketty I respect. riqster Feb 2015 #22

That was the whole idea. Hissyspit Feb 2015 #19

Yep. riqster Feb 2015 #23

First things first. Everyone who reads this needs to forward this and the evidence to the WH with jwirr Feb 2015 #20

Good idea. riqster Feb 2015 #24

He should get that idea from the article. Time to realize that playing ball with the Rs is not the jwirr Feb 2015 #28

Yep. I meant that we also need to pass this along to others as well. riqster Feb 2015 #31

Yes. It is time to use the DU activist abilities. We are good at this kind of action. jwirr Feb 2015 #32

Agreed. riqster Feb 2015 #33

Instead of investing in their companies they cashed out GusBob Feb 2015 #21

Oh hellz yeah. riqster Feb 2015 #25

When the gov't proclaimed we were to go metric... freebrew Feb 2015 #42

It goes back to the 19th century here, but... riqster Feb 2015 #47

Did anyone find a link to Lazonick's paper? prairierose Feb 2015 #26

It's buried in the blog post. riqster Feb 2015 #29

Thank you rigster.... prairierose Feb 2015 #37

Me too. riqster Feb 2015 #38

"first Wall Street insider to lead the commission (SEC) in 50 years" One_Life_To_Give Feb 2015 #44

That's MISTER Fox to you! riqster Feb 2015 #46

Reaganomics worked great for those with Big Money. Octafish Feb 2015 #49

Quite welcome. riqster Feb 2015 #50

Lost cause? draytontiffanie Feb 2015 #51

My occupational therapist told me to specialize in lost causes. riqster Feb 2015 #52

While Blaming Regan may feel good, the truth is nowhere near as simple. One_Life_To_Give Feb 2015 #53

Point taken. Inequality as a phenomenon goes back millennia. riqster Feb 2015 #55

Weakening the 1930's reforms was huge, but still only a part. One_Life_To_Give Feb 2015 #59

Can't quarrel with that. riqster Feb 2015 #61

kr ND-Dem Feb 2015 #54

ty riqster Feb 2015 #57

Another thing we can thank Reagan for. Initech Feb 2015 #65

Ike was the last decent Republican Prexy. riqster Feb 2015 #67

No shit and fucking DUH, now are we going to fix it or are we going to keep "meeting in the middle" TheKentuckian Feb 2015 #68

Having an academically sound case can help us fix the problem. riqster Feb 2015 #70

While I agree that Reagan was a supreme asshole, TBF Feb 2015 #79

Reagan was good, but imperfect Yorktown Feb 2015 #81

I disagree. riqster Feb 2015 #84

What "dangerous path toward overadministration and regulation" was that? n/t cui bono Feb 2015 #91

Evidently, Carter was a Marxist or something. riqster Mar 2015 #101

And Reagan lifted morale by firing all the air traffic controllers. cui bono Mar 2015 #107

Um, no. Reagan was not good. blackspade Mar 2015 #96

Kick this into the faces of the corporatists. JEB Feb 2015 #82

That's the idea. riqster Feb 2015 #83

That Paper is Months Old - Why Haven't We Seen Action? daredtowork Feb 2015 #85

Probably because nobody made noise about it. riqster Feb 2015 #88

No shit JonLP24 Feb 2015 #86

Yep. This shows us what started the income inequality explosion of our times. riqster Feb 2015 #89

Thom Hartmann talks about this a lot, and says this is why the tax rate needs to be higher cui bono Feb 2015 #87

It's the rate and the accompanying regulations. riqster Feb 2015 #90

K&R Some labor for it, some against. nt raouldukelives Mar 2015 #94

And those who labor against are losing. riqster Mar 2015 #95

More proof that America was hijacked by economic terrorists / insurgents AZ Progressive Mar 2015 #99

Yep. This proof needs spread far and wide. riqster Mar 2015 #102

1980s Sherman Anti Trust Act (anti monopolies) & Fairness Doctrine not enforced- appalachiablue Mar 2015 #105

Yep, that is another bit of Reaganism that caused a lot of damage. riqster Mar 2015 #106