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Duncanpup

(14,388 posts)
Tue Apr 29, 2025, 07:09 AM Tuesday

Forty five years of Reaganomics.

Forty five years of our lives we have lived with the disease of trickledown syndrome. And we are about to experience a full blown pandemic economically and in employment or as consumers.

And the reason because the rich do not want to pay taxes. And we the middle class suffers for four and a half decades.
Even that dude Aristotle knew that a society needs a healthy comfortable middle class I can’t remember exactly how he worded it yet that jumped out at me

Yet forty years later i do remember reading that in what Aristotle wrote stretched out atop a M-113 Army personnel carrier is definition waiting to rail head to Grafenwhoer in West Germany.

And we have these so called Christian loons in congress CHINO Christian in name only. Who we saw praying for votes on trumps tax bill a bill that decimates programs for those in need.
They cherry pick the Bible to justify their actions to attack those in marginalized communities or abortion. And it kind makes sense. In that their god they worship is narcissistic very vengeful.

A dyslexic bad punctuation rant because my Dunc the golden chunk is not much into discussing the current fuckery once again caused by repigs.
Only current events Dunc is into involves snacks walks belly rubs cuddles or rawhides or ripping the squeaker out of his new $3 lamb chop.

Fuck lamb chop prices gonna go up because of these tariffs.

34 replies = new reply since forum marked as read
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Forty five years of Reaganomics. (Original Post) Duncanpup Tuesday OP
... EYESORE 9001 Tuesday #1
Reinstate the eealth tax! SheltieLover Tuesday #2
What wealth tax? Fiendish Thingy Tuesday #18
Well, what can we do? OldBaldy1701E Tuesday #3
Take control of Congress & the WH & pass tax legislation, that's what we can do. CaptainTruth Tuesday #4
Awesome. You let me know when you get to do this. OldBaldy1701E Tuesday #6
OK, you can sit this one out if you want. I won't, I will fight until I draw my last breath. CaptainTruth Tuesday #25
Hehe. OldBaldy1701E Wednesday #30
Why does my gut churn blubunyip Tuesday #16
The alternative picture is much messier, & I don't see any way it cannot involve bloodshed. CaptainTruth Tuesday #26
"a chance it will work" blubunyip Tuesday #28
"...but when you're up against liars, cheats, thieves, criminals--how do you ever really "win." ??" OldBaldy1701E 16 hrs ago #31
We have to give peaceful means a good fighting chance blubunyip 14 hrs ago #33
Who said anything about killing? OldBaldy1701E 13 hrs ago #34
Reagans "Create the Billionaire Class" tax cuts should have been rolled back (or attempted) by Clinton and each LiberalArkie Tuesday #17
BINGO! OldBaldy1701E 16 hrs ago #32
I think this whole tariff thing is about ending the income tax. multigraincracker Tuesday #5
100% Blue Full Moon Tuesday #8
Someone should remind the republicans. Blue Full Moon Tuesday #7
laugher curve poozwah Tuesday #9
There's a rumor that Rand Paul has the votes to stop the tariffs. Blue Full Moon Tuesday #10
So Rand has two-thirds majority support for his bill in both the House and Senate? Because if not... Ol Janx Spirit Tuesday #21
The people in the top tax brackets moniss Tuesday #11
And that trickle down... 2naSalit Tuesday #12
Reagan was as much a crank as Trump, in my opinion. Midnight Writer Tuesday #13
it's not just at the federal level. mopinko Tuesday #14
Yet, Reagan had a Democratic House his entire presidency MichMan Tuesday #15
Much of the so called "Reagan Revolution" was carried over into a later doc03 Tuesday #20
IMO, Reaganomics (actually neoliberal economic theory) only had a 35 year reign Fiendish Thingy Tuesday #19
Aristotle quote IronLionZion Tuesday #22
"And the reason because the rich do not want to pay taxes." valleyrogue Tuesday #23
Deregulation predates Reagan, but he took it further with his rhetoric, tax cuts and weakening of unions. TRHST82 Tuesday #24
Weird how trickle down stays, no matter who was in office -- except BIDEN. Kid Berwyn Tuesday #27
The rich get richer. It's how the jobs are created? czarjak Wednesday #29

Fiendish Thingy

(19,197 posts)
18. What wealth tax?
Tue Apr 29, 2025, 09:17 AM
Tuesday

Although proposed by Elizabeth Warren, there has never been a tax on wealth, and most argue such a tax is unconstitutional.

OldBaldy1701E

(7,748 posts)
3. Well, what can we do?
Tue Apr 29, 2025, 07:47 AM
Tuesday

Anytime we bring up making the taxes progressive, they all threaten to take their toys and leave.

AND, WE KEEP ON BOWING TO THEM EVERY SINGLE TIME!

Let them go. Let them know that they will lose their citizenship if they want to choose their greed over this nation.

Fuck'em.

CaptainTruth

(7,576 posts)
4. Take control of Congress & the WH & pass tax legislation, that's what we can do.
Tue Apr 29, 2025, 07:51 AM
Tuesday

Step One is elect Democrats!

OldBaldy1701E

(7,748 posts)
6. Awesome. You let me know when you get to do this.
Tue Apr 29, 2025, 07:59 AM
Tuesday

Because those animals are not going anywhere. To think this is going to be a normal situation is to deny reality, as far as I am concerned.

Good luck with that.

(Again, as stated before, I hope I am wrong.)

OldBaldy1701E

(7,748 posts)
30. Hehe.
Wed Apr 30, 2025, 07:40 AM
Wednesday

Sit it out?

Never.

I just know that using the same old corrupted laws and procedures are not going to save us.

Just as putting yet another rich person in office is not going to save us.

But, it seems we have to be burned pretty damned badly before we stop standing in the fire, eh?

blubunyip

(130 posts)
16. Why does my gut churn
Tue Apr 29, 2025, 08:46 AM
Tuesday

when I read this? Because I know that is way too rosy a picture.

Very hard to fix what they broke, by the classic process. "Vote them out"-- uh huh, yeah. Sure we can try that, if they'll let us, but even when we elect Democrats, somehow we fail.

It's a pattern. They steal and suppress votes every time.

We have to do much more.

CaptainTruth

(7,576 posts)
26. The alternative picture is much messier, & I don't see any way it cannot involve bloodshed.
Tue Apr 29, 2025, 04:23 PM
Tuesday

I'll fight for democracy for as long as there's a chance it will work.

If it won't? I'm prepared for that too. I've lived a good life & I won't sit by & do nothing while MAGAts destroy our country.

blubunyip

(130 posts)
28. "a chance it will work"
Tue Apr 29, 2025, 06:47 PM
Tuesday

--it's a chance, sure we have to believe that --but when you're up against liars, cheats, thieves, criminals--how do you ever really "win." ?? Where's the even playing field? We are victims of sociopathic pirates who do not honor any set of rules. Sociopaths are not rational people. They are never satisfied until they hold all the cards and you lose, by any means necessary.

It's the Sane vs the Insane now. Voting the honest way doesn't work against cheaters. Bloodshed to settle differences doesn't usually work either.

Nonviolent resistance-- is all we've got. Anything, everywhere. In the streets and/or online or other means. Everyone can do something. Speak out, join others, be creative. Doing nothing is not an option--I agree on that. This is an emergency.

OldBaldy1701E

(7,748 posts)
31. "...but when you're up against liars, cheats, thieves, criminals--how do you ever really "win." ??"
Fri May 2, 2025, 07:31 AM
16 hrs ago

By making sure the punishment for their actions is enough to deter them from ever thinking about trying this shiat again.

Which will go against the ideals of this who feel that our society and country is not worth fighting for if it includes violence.

Well, it already does include that. To deny that is to deny reality. Now what?

Sit and hope that this will end by some magic decree, or understand that we have to fight (and that word means what you think it means)?

blubunyip

(130 posts)
33. We have to give peaceful means a good fighting chance
Fri May 2, 2025, 09:22 AM
14 hrs ago

Haven't really done that yet.

Fighting violence with more violence is usually a loser in the long run. Unwinnable wars -- they are usually not thought through to the consequences.

Yes we've been attacked. Attack from within feels like the worst type of Betrayal. Yes it is violence against us. No question about that. But we have to resist the urge to kill.

Our system of direct punishment is not working very well these days. True. This is the biggest test of that.

OldBaldy1701E

(7,748 posts)
34. Who said anything about killing?
Fri May 2, 2025, 10:54 AM
13 hrs ago

Are you inferring that our desire to remove those traitors and leeches before they do too much damage is an 'unwinnable war'?

Interesting.

You mention a test. We will fail it. Until we stop being blind to our own shortcomings and realize that this rot goes way further than one orange idiot and his pansy cronies, way further than just one political party, we are done for.

Will we realize this in time?

That is the 'test' you speak of.

LiberalArkie

(18,044 posts)
17. Reagans "Create the Billionaire Class" tax cuts should have been rolled back (or attempted) by Clinton and each
Tue Apr 29, 2025, 08:52 AM
Tuesday

Democratic House or president after. Not doing so always told me and my friends back then that the Democratic Party was OK with the wealth disparity and trashing all the dreams and of the party.

OldBaldy1701E

(7,748 posts)
32. BINGO!
Fri May 2, 2025, 07:37 AM
16 hrs ago

Now we are getting somewhere.

The issue is the disparity of wealth in this country. There are presently around 1100 people who are a millionaire or above. (Spoiler: they are not all rethugs!) That accounts for around five percent of the population; Yet, they control 57% of Congress.

But, we are not ruled by money. No way!

multigraincracker

(35,536 posts)
5. I think this whole tariff thing is about ending the income tax.
Tue Apr 29, 2025, 07:52 AM
Tuesday

A way for the rich to get out of a progressive tax and replace it with tariffs, a regressive tax. Next will be property taxes.

Blue Full Moon

(2,099 posts)
7. Someone should remind the republicans.
Tue Apr 29, 2025, 08:01 AM
Tuesday

That Reagan created the service economy. One of the news sources yesterday I actually heard it mentioned. That while there is a trade deficit that the U.S has a extremely large services surplus. This is what the republicans had built on for the last 50 years. But no mention of Reagan and his service economy.

poozwah

(308 posts)
9. laugher curve
Tue Apr 29, 2025, 08:03 AM
Tuesday

when reagan entered office, the debt was less than one trillion dollars. nothing else needs to be said.

Ol Janx Spirit

(160 posts)
21. So Rand has two-thirds majority support for his bill in both the House and Senate? Because if not...
Tue Apr 29, 2025, 09:29 AM
Tuesday

...he can't override the veto that will keep this bill from being signed into law. But I do applaud the effort--symbolic as it may be.

moniss

(7,174 posts)
11. The people in the top tax brackets
Tue Apr 29, 2025, 08:08 AM
Tuesday

got their rates cut basically in half. Not just the very top but also on down to what would be considered upper middle class. The rates used to go from a top of 70% dropping by a few percent as you went down in taxable income all the way to a low of about 15%. Under Reagan the top rate down into the 30's and they flattened out the line with fewer brackets which had the effect of hitting more people in the bottom half of taxable income into broader taxable income brackets for the one or two percentage ranges there.

Under Clinton we were able to raise the top brackets back up slightly and it is one of the reasons he ended with a budget surplus.

2naSalit

(96,618 posts)
12. And that trickle down...
Tue Apr 29, 2025, 08:12 AM
Tuesday

Of bullshit has kept me in poverty the entire time and I'm so sick of it... I can't even articulate how much it has impacted my entire existence.

mopinko

(72,388 posts)
14. it's not just at the federal level.
Tue Apr 29, 2025, 08:23 AM
Tuesday

in chicago, home owners bear the brunt of property taxes, despite a huge commercial sector.
cuz it’s easy to compare 1 bungalow to another, but it’s hard to compare 1 factory or shopping mall to another. and the rich buy lower assessments. the appeals board is probably the most corrupt part of county govt. there r actually alders w a side hustle in tax law.

case in point- tsf’s chgo tower. he couldnt rent out his ground level retail, cuz by the time it was on the market, he’d shit all over his brand. but he appealed, blaming it on his architects. they screwed up ‘the sight lines’. bullshit. it sits on a brand new river walk. but a corrupt alder, who is thankfully now a convicted felon, took his case and got a huge reduction.

in many places, taxes r used as an incentive to build big things. and when they dont pan out- see foxconn, us ‘little people’ r left holding the bag.

MichMan

(15,041 posts)
15. Yet, Reagan had a Democratic House his entire presidency
Tue Apr 29, 2025, 08:35 AM
Tuesday

Everything he signed into law he did with their blessings. Budgets, taxes, spending, legislation; all of it. They weren't innocent bystanders.

doc03

(37,770 posts)
20. Much of the so called "Reagan Revolution" was carried over into a later
Tue Apr 29, 2025, 09:27 AM
Tuesday

Democratic Administration. NAFTA was passed in a Democratic administration and has cost us ever since.
Trump finally got us off the hook by replacing NAFTA with his own USMCA that he now says was Biden's stupid trade deal.

Fiendish Thingy

(19,197 posts)
19. IMO, Reaganomics (actually neoliberal economic theory) only had a 35 year reign
Tue Apr 29, 2025, 09:26 AM
Tuesday

When Trump took office in 2017, economic policy shifted to a Trump-distorted protectionism, which is different than the neoliberal economics of Reagan, and that protectionism continues today on steroids.

Biden tried mightily to reinstitute the Keynesian economic policies of the New Deal, but his original BBB was sabotaged and diluted, with assistance from a few saboteurs from his own party.

IronLionZion

(48,651 posts)
22. Aristotle quote
Tue Apr 29, 2025, 09:35 AM
Tuesday
The most perfect political community is one in which the middle class is in control, and outnumbers both of the other classes.


Trump complains about manufacturing moving overseas. Much of that happened directly because of Reagan's trade policies.

valleyrogue

(2,039 posts)
23. "And the reason because the rich do not want to pay taxes."
Tue Apr 29, 2025, 09:46 AM
Tuesday

This is it in a nutshell. THIS is the entire agenda of the modern GOP. Everything else is secondary to the fact they want to give tax bennies for themselves or their rich donors. That is all the GOP is for. Because so many of the masses are delusional and brainwashed to hand over their wallets to benefit these leeches at the top, they think the Republicans are "better" on the economy than Democrats. It is all because they think THEY will benefit from tax cuts.

This is at the core of the crackpot Chicago School, Milton Friedman, neoliberal economics, and "libertarianism."

I call it Reverse Robin Hood economics.

All of the handouts to the rich and businesses have been tried before, pre-Great Depression, and it all failed miserably, hence all the safeguards that have been put in place beginning with FDR.

It's like people never learn a damned thing.

TRHST82

(56 posts)
24. Deregulation predates Reagan, but he took it further with his rhetoric, tax cuts and weakening of unions.
Tue Apr 29, 2025, 09:55 AM
Tuesday

Biden tried to move away from this from than any other president.

Kid Berwyn

(20,181 posts)
27. Weird how trickle down stays, no matter who was in office -- except BIDEN.
Tue Apr 29, 2025, 04:45 PM
Tuesday
50 years of tax cuts for the rich failed to trickle down, economics study says

https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/

czarjak

(12,792 posts)
29. The rich get richer. It's how the jobs are created?
Wed Apr 30, 2025, 12:11 AM
Wednesday

According to Rushbo Rules. Daily Wire's guiding light.
Medal Of Freedom recipient too.
Go figure, Goobers.

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