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applegrove

(123,149 posts)
Sat Sep 20, 2014, 09:09 PM Sep 2014

America Keeps People Poor On Purpose: A Timeline of Choices We've Made to Increase Inequality

Last edited Sun Sep 21, 2014, 01:06 PM - Edit history (1)

America Keeps People Poor On Purpose: A Timeline of Choices We've Made to Increase Inequality

Inequality: The Choices We've Made Yes Magazine



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America Keeps People Poor On Purpose: A Timeline of Choices We've Made to Increase Inequality (Original Post) applegrove Sep 2014 OP
K/R (nt) NYC_SKP Sep 2014 #1
I love Yes magazine. littlemissmartypants Sep 2014 #2
Great post. IrishAyes Sep 2014 #3
And check out the Yes! Magazine website. Always good stuff there. freshwest Sep 2014 #6
Reaganomics worked in the 80's and still working, never did trickle down, stuck and we need to Thinkingabout Sep 2014 #4
I can immediately spot two huge omissions Man from Pickens Sep 2014 #5
Adding link to Yes Magazine, full article. NYC_SKP Sep 2014 #7
I don't know why the link didn't render for me. Thanks. applegrove Sep 2014 #8

Thinkingabout

(30,058 posts)
4. Reaganomics worked in the 80's and still working, never did trickle down, stuck and we need to
Sat Sep 20, 2014, 10:38 PM
Sep 2014

Return to union jobs, establish pensions for workers and better pay.

 

Man from Pickens

(1,713 posts)
5. I can immediately spot two huge omissions
Sat Sep 20, 2014, 10:39 PM
Sep 2014

1971 - Nixon closes the gold window, untethering the currency from any objective standard, a necessary requirement for the future bubble-blowing that wrecked the middle class;

1999 - Graham-Leach-Bliley Act repeals Glass-Steagall, taking out the last barrier to infinite banking leverage, which put us in a state of constant, massive monetary abuse - from this point forward incomes have steadily dropped in real terms while GDP has allegedly risen.

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