TruthNotBS
Gold Member
- Mar 20, 2023
- 5,525
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Yeah right sure sure. The cost of living is due to capitalism's lust for profits at all costs, even if it means cannibalizing the working class, which produces everything in society. The destruction of the US economy began with the inflation caused by Vietnam, the large-scale introduction of computers in the workplace in the 1970s, eliminating millions of jobs, and Ronald Reagan's "supply-side economics", which gutted our manufacturing base and broke up most of America's labor unions. Our massive debt crisis, which is often mentioned by Republicans started with Reagan. When Reagan entered office, the highest marginal tax rate was 70%, when he left office it was 28%.The problems we are experiencing now, are THANKS to cloward-Piven, two SOCIALISTS who postulated a way for the USA to be destroyed from within.
We are living their plan now.
We're it not for them, the shit show that is going on now, wouldn't be.
And that's the problem with socialists. For their plans to work they have to kill a whole butt ton of people.
So, how many millions have to die before you are satisfied?
The golden age of the US economy was when its workforce was highly unionized and based on manufacturing rather than finance/Wall Street/speculative trading. The highest marginal tax rate was 91% in the 1950s and into the 60s. The average CEO of companies with 500+ employees earned no more than 20 to 30 times the salary of their average worker. Today the CEOs of the largest companies in our country make as much as 1000 times more than the average salary in their companies. The degree of inequality in our country is gross and off the charts. This leads to social unrest and eventually people not having enough to pay their bills.
My maternal grandfather and grandmother, with my mother, migrated to this country with little money in 1961. My grandfather worked hard for Bertram Yachts in Miami, Florida, spraying boat molds with fiberglass, to produce boat hulls. It was a labor-intensive, toxic/hazardous blue-collar job and he didn't just support a family with his salary but saved money and by 1965 he purchased his house cash, mortgage-free, without a bank loan. The house cost him $15,000, it had a backyard full of aguacate and mango trees. It was a beautiful two-bedroom house with a decent-sized backyard, a little garage, a TV room, a big living room, a nice kitchen..etc. Is that possible today? No way.
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