The working class and thus the creation of the middle class was subsidized by our government from FDR up until Reagan. The 1950s wealth and family focus BOOM was a result of this subsidization that began with FDR. It is why everyone (white and male) owned a house, a car, and had a job.
We are living the end result of the Reagan experiment, the flip from subsidizing the working class and thus subsidizing the creation of a middle class, which does not happen organically in capitalism, to the subsidization of corporate and the top 1% instead. The claim was it would be more efficient to subsidize corporate and simply have the wealth trickle down through the rest of the economy.
This, right now, is how trickle down pans out after the 40yr experiment. We’ve equalized woman and non white people under the law, great, but did it in a time without subsidy. So now we are all equally shit upon, barring some holdover family accumulations dating back to the 50s.
And now, drum roll, we’ve elected President Musk, the grand winner of said 40yr subsidization experiment, the ultimate welfare queen, to decide our working class government efficiency going forward.
I wonder how that will work for working class going forward?
The working class and thus the creation of the middle class was subsidized by our government from FDR up until Reagan. The 1950s wealth and family focus BOOM was a result of this subsidization that began with FDR. It is why everyone (white and male) owned a house, a car, and had a job.
We are living the end result of the Reagan experiment, the flip from subsidizing the working class and thus subsidizing the creation of a middle class, which does not happen organically in capitalism, to the subsidization of corporate and the top 1% instead. The claim was it would be more efficient to subsidize corporate and simply have the wealth trickle down through the rest of the economy.
This, right now, is how trickle down pans out after the 40yr experiment. We’ve equalized woman and non white people under the law, great, but did it in a time without subsidy. So now we are all equally shit upon, barring some holdover family accumulations dating back to the 50s.
And now, drum roll, we’ve elected President Musk, the grand winner of said 40yr subsidization experiment, the ultimate welfare queen, to decide our working class government efficiency going forward.
I wonder how that will work for working class going forward?