In the 1970s the average American worker got good benefits and could afford to own a home and a car, take a vacation every year and send their kids to college. Reaganomics ended all that.google.com/amp/s/www.cbsnews…

Feb 28, 2021 · 11:23 AM UTC

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Replying to @marwilliamson
Nothing trickled down...it all trickled up. Does one really think that the rich get rich trickling their wealth down???🤭🥺🤪😆
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Instead of workers fighting for higher wages and better benefits, they now have to fight for keeping their jobs at home. Corporations don’t need to worry about higher wages; they can just move overseas. The classic tale of neoliberalism.
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Replying to @marwilliamson
GENERAL STRIKE March 15th. Spread the word. Stand up & fight. It's up to US to do this. We can't rely on anyone else to organize it. Everybody stops working & we shut everything down until our demands are met. UBI, M4A, & housing as a human right. Do this now. #SetTheDate
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Replying to @marwilliamson
Yep. It was a major shift in realities pre-& post-Reagan. & not for the better.
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Replying to @marwilliamson
And remember most households only had one income because the mothers usually stayed home with the kids. Which is even more amazing to me.
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You just hurt @BarackObama feelings, Reagan is his hero!
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Replying to @marwilliamson
True, but remember it was Bill Clinton who announced that the era of “big government” was over, signaling that strong opposition to the GOP was dead along with it. Don’t let the DNC off the hook Marianne, they’re devoted practitioners of the trickle down fraud.
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In the 1970s the economy was gripped by recession, inflation jumped above 10%, mortgage rates up to 17-18%, an energy crisis led to lines at empty gas stations, unemployment jumped, companies began emigrating to avoid crazy U.S. taxes and labor costs... but yeah, Reagan sucks.
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