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FakeNoose

(42,030 posts)

14. During Eisenhower, the economic growth went to the middle class

Reply to DallasNE (Reply #13)

Fri Sep 27, 2019, 11:56 AM

Sep 2019

Our parents and grandparents all shared in that boom. Unions were strong then and unemployment was way down. That's the kind of growth we'd love to see again, but the Reagan boom was co-opted by the one-percenters. Nowadays the middle class is almost on life-support, and the next generation is ready to give up. My 12 year old grandson will face very different world than the one we Baby-boomers were handed.

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Income Inequality Grows To Its Highest Level In 50 Years [View all] appalachiablue Sep 2019 OP

Headline Looks Highly MIsleading DallasNE Sep 2019 #1

Seemed off to me too, other recent studies compare inequality levels to 1929...? appalachiablue Sep 2019 #2

I'm guessing from a limited glance that they don't have Gini Index before 1967 progree Sep 2019 #5

No wonder, thanks appalachiablue Sep 2019 #6

Better Wash Post version I posted in 'Editorials.' TY again appalachiablue Sep 2019 #7

Righto, SEE posts #5, #7 appalachiablue Sep 2019 #8

Don't guess. Look it up. Speculation in the absence of readily available facts is useless Bernardo de La Paz Sep 2019 #10

You inspired me to look up how we compare to other OECD countries scipan Sep 2019 #17

Thanks. That was interesting. . . . nt Bernardo de La Paz Sep 2019 #18

Yeah, it was confusing Bradical79 Sep 2019 #16

Warren Buffet said it best Roy Rolling Sep 2019 #3

It really hasn't been much of a war. SergeStorms Sep 2019 #4

I think this is the second biggest global problem after global warming. Violent revolutions happen. Bernardo de La Paz Sep 2019 #9

The wealth of the one-percenters has grown exponentially since Reagan FakeNoose Sep 2019 #11

Exactly. What's even worse is that we're 30 years past the end of the Cold War. Yavin4 Sep 2019 #12

Chart Shows Big Boost Under Eisenhower Too DallasNE Sep 2019 #13

During Eisenhower, the economic growth went to the middle class FakeNoose Sep 2019 #14

Eisenhower Presided Over 3 Recessions In His 8 Years DallasNE Sep 2019 #15