For 25 yr after WW2 productivity & worker's pay rose together & created middle class. In 1980 govt & co. policies started increasing CEO/stockholder pay while squeezing every $ possible from workers. If wages still rose w/ productivity we'd have no crisis of income inequality now

Dec 8, 2020 · 12:26 AM UTC

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Replying to @marwilliamson
“We’re not even a functioning democracy anymore. We are for all intents and purposes a corporate aristocracy.” Marianne Williamson
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Replying to @marwilliamson
A lot has changed in 40 years, remember Reagan? Trickle down economics & neoliberal policies (Clinton) decimated the middle class Reagan's legacy: ✅ Attacks on Unions ✅ Welfare Queen "stick man" ✅ Trickle Down Economics ✅ Taxing Social Security nitter.vloup.ch/geoff_ginter/sta…
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I’m watchingThe Reagans on Showtime. He’s responsible for this.
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Replying to @marwilliamson
& right around this same time, services to help homeless and people suffering from mental health and addiction issues were being cut.. look at us know
Replying to @marwilliamson
In 1980 ... the biggest thing that happened to this country ... was ... a change in attitude ... Corporations ... and their ability to make money ... took precedence over Unions ... and the ability of ordinary people to earn a good living ... and pay their bills.
Replying to @marwilliamson
Marianne, have you seen this?
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Replying to @marwilliamson
You’ve got regan to thank for that
“The Evil Geniuses” by Kurt Andersen shows how that developed by a small number of political oligarchs
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Replying to @marwilliamson
Nixon cut the last tie to the gold standard (Breton Woods) in the 70s. Inflation has been rampant since then. The core problem is the federal reserve. I can’t stress this enough. Inflation screws us and enriches banks, wall st, and corporations.
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