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Duncanpup

(15,526 posts)
Tue Apr 29, 2025, 06:09 AM Apr 2025

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.

36 replies = new reply since forum marked as read
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Forty five years of Reaganomics. (Original Post) Duncanpup Apr 2025 OP
... EYESORE 9001 Apr 2025 #1
Reinstate the eealth tax! SheltieLover Apr 2025 #2
What wealth tax? Fiendish Thingy Apr 2025 #18
Well, what can we do? OldBaldy1701E Apr 2025 #3
Take control of Congress & the WH & pass tax legislation, that's what we can do. CaptainTruth Apr 2025 #4
Awesome. You let me know when you get to do this. OldBaldy1701E Apr 2025 #6
OK, you can sit this one out if you want. I won't, I will fight until I draw my last breath. CaptainTruth Apr 2025 #25
Hehe. OldBaldy1701E Apr 2025 #30
Why does my gut churn blubunyip Apr 2025 #16
The alternative picture is much messier, & I don't see any way it cannot involve bloodshed. CaptainTruth Apr 2025 #26
"a chance it will work" blubunyip Apr 2025 #28
"...but when you're up against liars, cheats, thieves, criminals--how do you ever really "win." ??" OldBaldy1701E May 2025 #31
We have to give peaceful means a good fighting chance blubunyip May 2025 #33
Who said anything about killing? OldBaldy1701E May 2025 #34
Meeting violence with violence blubunyip May 2025 #35
Numbers. OldBaldy1701E May 2025 #36
Reagans "Create the Billionaire Class" tax cuts should have been rolled back (or attempted) by Clinton and each LiberalArkie Apr 2025 #17
BINGO! OldBaldy1701E May 2025 #32
I think this whole tariff thing is about ending the income tax. multigraincracker Apr 2025 #5
100% Blue Full Moon Apr 2025 #8
Someone should remind the republicans. Blue Full Moon Apr 2025 #7
laugher curve poozwah Apr 2025 #9
There's a rumor that Rand Paul has the votes to stop the tariffs. Blue Full Moon Apr 2025 #10
So Rand has two-thirds majority support for his bill in both the House and Senate? Because if not... Ol Janx Spirit Apr 2025 #21
The people in the top tax brackets moniss Apr 2025 #11
And that trickle down... 2naSalit Apr 2025 #12
Reagan was as much a crank as Trump, in my opinion. Midnight Writer Apr 2025 #13
it's not just at the federal level. mopinko Apr 2025 #14
Yet, Reagan had a Democratic House his entire presidency MichMan Apr 2025 #15
Much of the so called "Reagan Revolution" was carried over into a later doc03 Apr 2025 #20
IMO, Reaganomics (actually neoliberal economic theory) only had a 35 year reign Fiendish Thingy Apr 2025 #19
Aristotle quote IronLionZion Apr 2025 #22
"And the reason because the rich do not want to pay taxes." valleyrogue Apr 2025 #23
Deregulation predates Reagan, but he took it further with his rhetoric, tax cuts and weakening of unions. TRHST82 Apr 2025 #24
Weird how trickle down stays, no matter who was in office -- except BIDEN. Kid Berwyn Apr 2025 #27
The rich get richer. It's how the jobs are created? czarjak Apr 2025 #29

Fiendish Thingy

(21,872 posts)
18. What wealth tax?
Tue Apr 29, 2025, 08:17 AM
Apr 2025

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

OldBaldy1701E

(9,991 posts)
3. Well, what can we do?
Tue Apr 29, 2025, 06:47 AM
Apr 2025

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

(8,026 posts)
4. Take control of Congress & the WH & pass tax legislation, that's what we can do.
Tue Apr 29, 2025, 06:51 AM
Apr 2025

Step One is elect Democrats!

OldBaldy1701E

(9,991 posts)
6. Awesome. You let me know when you get to do this.
Tue Apr 29, 2025, 06:59 AM
Apr 2025

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.)

CaptainTruth

(8,026 posts)
25. OK, you can sit this one out if you want. I won't, I will fight until I draw my last breath.
Tue Apr 29, 2025, 03:19 PM
Apr 2025

OldBaldy1701E

(9,991 posts)
30. Hehe.
Wed Apr 30, 2025, 06:40 AM
Apr 2025

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

(267 posts)
16. Why does my gut churn
Tue Apr 29, 2025, 07:46 AM
Apr 2025

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

(8,026 posts)
26. The alternative picture is much messier, & I don't see any way it cannot involve bloodshed.
Tue Apr 29, 2025, 03:23 PM
Apr 2025

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

(267 posts)
28. "a chance it will work"
Tue Apr 29, 2025, 05:47 PM
Apr 2025

--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

(9,991 posts)
31. "...but when you're up against liars, cheats, thieves, criminals--how do you ever really "win." ??"
Fri May 2, 2025, 06:31 AM
May 2025

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

(267 posts)
33. We have to give peaceful means a good fighting chance
Fri May 2, 2025, 08:22 AM
May 2025

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

(9,991 posts)
34. Who said anything about killing?
Fri May 2, 2025, 09:54 AM
May 2025

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.

blubunyip

(267 posts)
35. Meeting violence with violence
Sat May 3, 2025, 02:36 PM
May 2025

usually ends in killing. That's how I think of it anyway. That's the unwinnable war.

Of course I support removing the traitors and leeches. I agree with you that the rot is deep, far beyond this administration. And they have exposed it more nakedly than ever before. The degree of corruption is killing civil society in America.

Will we realize this in time? Many have realized it for a long time but are essentially powerless.

How do you suggest we fight a coup? Most of us are trying, but it's very hard to win against liars, cheaters and thieves.

OldBaldy1701E

(9,991 posts)
36. Numbers.
Sat May 3, 2025, 08:43 PM
May 2025

But, we don't seem to have enough of them.

1000 people protesting is a good sign but is not going to change much.

1 million people protesting is going to start something.

Ten million people standing outside the White House demanding that the orange gibbon leave immediately and take his frat show with him would be very hard to ignore.

Not to mention impossible to stop.

LiberalArkie

(19,210 posts)
17. Reagans "Create the Billionaire Class" tax cuts should have been rolled back (or attempted) by Clinton and each
Tue Apr 29, 2025, 07:52 AM
Apr 2025

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

(9,991 posts)
32. BINGO!
Fri May 2, 2025, 06:37 AM
May 2025

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

(36,841 posts)
5. I think this whole tariff thing is about ending the income tax.
Tue Apr 29, 2025, 06:52 AM
Apr 2025

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

(3,111 posts)
7. Someone should remind the republicans.
Tue Apr 29, 2025, 07:01 AM
Apr 2025

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

(390 posts)
9. laugher curve
Tue Apr 29, 2025, 07:03 AM
Apr 2025

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

Ol Janx Spirit

(613 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, 08:29 AM
Apr 2025

...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

(8,604 posts)
11. The people in the top tax brackets
Tue Apr 29, 2025, 07:08 AM
Apr 2025

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

(99,708 posts)
12. And that trickle down...
Tue Apr 29, 2025, 07:12 AM
Apr 2025

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

(73,247 posts)
14. it's not just at the federal level.
Tue Apr 29, 2025, 07:23 AM
Apr 2025

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

(16,532 posts)
15. Yet, Reagan had a Democratic House his entire presidency
Tue Apr 29, 2025, 07:35 AM
Apr 2025

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

doc03

(38,787 posts)
20. Much of the so called "Reagan Revolution" was carried over into a later
Tue Apr 29, 2025, 08:27 AM
Apr 2025

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

(21,872 posts)
19. IMO, Reaganomics (actually neoliberal economic theory) only had a 35 year reign
Tue Apr 29, 2025, 08:26 AM
Apr 2025

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

(50,728 posts)
22. Aristotle quote
Tue Apr 29, 2025, 08:35 AM
Apr 2025
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

(2,525 posts)
23. "And the reason because the rich do not want to pay taxes."
Tue Apr 29, 2025, 08:46 AM
Apr 2025

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

(57 posts)
24. Deregulation predates Reagan, but he took it further with his rhetoric, tax cuts and weakening of unions.
Tue Apr 29, 2025, 08:55 AM
Apr 2025

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

Kid Berwyn

(22,726 posts)
27. Weird how trickle down stays, no matter who was in office -- except BIDEN.
Tue Apr 29, 2025, 03:45 PM
Apr 2025
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

(13,421 posts)
29. The rich get richer. It's how the jobs are created?
Tue Apr 29, 2025, 11:11 PM
Apr 2025

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

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