Bad things doing good. Real good.
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My parents, both life-long democrats, voted for him. I didn't understand that, and I was only 15 at the time. Four years later, when I got to vote in my first Presidential election, I voted for Mondale. I've voted Democrat ever since in an attempt to balance out the Fascists.
The thing is, the Dems never pleased me either. I've realized in recent years that voting for the lesser of two evils is still a vote for evil. There should be a better way.
As much as we could put it all on him, and he has a lot to do with it, it's not just him. It's the corporations that took over.
We could have reversed course had Citizens United vs. Federal Election Commission never been decided the way it was. There have been some doozie political decisions over the years, but that's the one that solidified the destruction of the country.
Folksy fascism. He was the "plain spoken" proto-Trump. Some worshipped him with a similar cult-like fervor.
I should have invested in bad thing back then.
Pretty much perfect
Sad, but perfect
Every day I'm grateful for the fact that I'm not 'Murican
It started even before him.
you can always go back further, but it's clear that Raegan was a pretty significant stepping stone in general enshitification.
Reagan was the result of the masterplan setup during Nixon. Check "The brainwashing of my dad (2015)", it's on YT in full length
again, I'm sure you can go further back, then further back...
fuck I'm not exaggerating that with enough dedication I could trace those philosophies to the dawn of humanity...
Some say as far back as 1776 when "All men are created equal" was just a blatant lie from the start.
It's illegible for people with color blindness, but I get the point...
For those that don't know, 1971 is when President Richard Nixon ended the convertibility of U.S. dollars into gold for foreign governments. The final abandonment in 1971 moved the U.S. to a pure fiat money system, where the currency's value is based on government decree rather than a physical commodity like gold.
Reagan slashed taxes for the wealthy and introduced the whole idea of trickle down economics.
These fuckers have been stealing from us for half a century.
Rebranded the idea of trickle down.
The concept has existed since the late 19th century; it was formerly called "Horse and Sparrow Economics," as the horses eat the whole grains, and sparrows peck their meals from the horseshit.
Dems have always had a messaging issue, but undoing that rebranding would be a step in the right direction.
That’s a striking mental image. And it’s becoming increasingly obvious that’s exactly what’s happening—we get to pick the scraps out of the billionaires’ shit.
The Currency's value is not based on government decree but they do have the ability to alter it by changing the money supply though the value can change independent of their actions. Frankly, having a fiat currency that represents a portions of that nations economic output makes alot more sense than something like precious metals but the guardians of that fiat currency in the US have class interests that stand at odds with most of the country and the use of the US dollar as a reserve currency was a temptation that America couldn't handle.
So the graph is wrong then, should be Nixon.
No, all those graphs tell very different stories and even if they did, it wouldn't inherently mean the transition to fiat was the problem.
people who don't understand currency crack me up. it's like pretending the value of specie was tied to the value of precious metal by fiat makes it special.
I get why it's so hard to understand, economics (even when studied) isn't really a science and a lot is based in vibes.
Bitcoin is a fascinating example of a modern day commodity based system. Theoretically there is a finite amount of bitcoin that can exist, meaning there is a limited supply that controls the "market". And as we can see in the bitcoin market, commodity has its own problems (most notably people don't really want to spend it).
There are even some research done in the space, I'm not familiar with the Cato institute, but there write up here seems like a decent explanation of gold vs bitcoin - https://www.cato.org/blog/how-bitcoin-system-unlike-gold-standard
i am familiar with the cato institute and they're a propaganda outlet
Good to know, most of what they were saying didn't sound too far off, but only skimmed it. I'm not a huge crypto person to begin with though, so I may just shrug off some of their bias.
IMHO economics has been gradually becoming more of a science since the 1970s. We just haven't changed monetary policy since then, so crypto is the most isolated petri dish we've got.
I despise this website. It is so wildly misleading, especially since most of the graphs don’t actually radically change until the 80s. There is no one thing that caused everything/could fix everything, it was a lot of policy changes and deregulation through the 70s and 80s.
All it needs is a start point to make it fairly accurate. If you're not from the US the politics of the 1700's and 1800's are actually kind interesting unlike the slop we got after something like 1975. Hell, as a point of intrigue, the Civil Rights Act of 1964 was at least "interesting." At the time the parties maintained much of their core belief (Democrat = big Fed, Republican = small Fed), but the implementation was split by North vs South. This led to some interesting situations where anti big Fed Republicans in the north votes for big Fed regulations while pro big Fed Democrats in the south voted against big Fed regulations. US politics used to be interesting, hell even as recently as 2012 we had situations where Republicans were trying to find avenues for conservative value illegal immigrants as a means to bolster their ranks, but all that fell through because the existing rank and file couldn't stomach illegal brown people taking jobs they didn't want.
Now US politics seems to be Fascist vs not Fascist while there are no true alternatives.
What I read from this graph, Reagan was the last great president, he truly made America great again.
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