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[–] 21 points 1 year ago (6 children)

In 1967, one Union job was enough to support a family of four with a house, a car, and money to send the kids to college. At that time, $1 million was considered a vast fortune. GOP Richard Nixon was elected in 1968.

By 1993, 'middle class' meant two incomes to support a family. $1 million was what a rich guy paid for a party.

The US had five terms of GOP Presidents and one term of Dem in those years.

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  • [–] 4 points 1 year ago (5 children)

    Other countries didn't have Nixon and the same happened so It must be something more than that.

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  • [–] 1 point 1 year ago (3 children)

    Can you list a few countries where the same also happened? Thanks.

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  • [–] 6 points 1 year ago (2 children)

    Canada, Australia, most of the EU (some were never able to support a family with a single income to begin with, so those don't count), UK (they had Tacher tho so I will say they had a "Nixon")

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