This is what a rigged economy looks like

[Soph0571]

@davenewworld_2

Well that is a graph that slaps you round the fiscal chops, isn't it? It all went down hill with the policies of Reagan (and Thatcher) Not just America though - going to go with all of the western countries that have fallen for the conservative long con... *waves from the corporatist hell that is the UK*

[abqtommy]

1. Ahh, it's the stench of "Corporatist Hell" and Fascist Hell that we all know so well!

Is it true that BO "Ya Doesn't Have To Call Me Johnson" JO said "Let them eat
birthday cake"?

[Soph0571]

2. The crumbs from the bday cake is the least of it...

But he is still clinging on like a very nasty limpet...

[bucolic_frolic]

3. No wonder people are scrambling to learn more skills and become more self-sufficient

productivity on the job, side gigs, and production for home use are about the only mitigating factors to try to remain afloat.

[paulrevere2018]

4. Maybe the most devastating outcomes of the "Reagan Revolution".

Hope Saint Ronny is burning in his own hell.

[sop]

5. This is why they distract and divide Americans with all their culture wars.

The more obvious and extreme wealth disparity and economic injustice becomes, the more dishonest and divisive Republicans' rhetoric becomes. It's a form of political léger de main designed to hoodwink and bamboozle the rubes; get them pissed off and at one anothers' throats while they pick their pockets.

[Tommymac]

17. And we have a winner!

[OldBaldy1701E]

29. Yep. (n/t)

[Justice matters.]

26. An Australian billionaire owning a propaganda cable channel to cheat and lie 24/7

made sure there was no coming back to the New Deal era possible, just to make more millions (like anyone needs more to live).

And the MIC made sure to make all military TV sets drop CNN for FAUX NOISE.

And now, climate change is about to deliver the sixth great extinction nobody really cares about enough to actually stop it in time...

[Emile]

6. Another example of Predatory Capitalism!

[Chainfire]

7. And that is why millions of working class Americans support the Republicans.

They love the people that abuse them; it makes perfect sense. The Republicans have been trickling down on them and telling them that it is raining.

[Tommymac]

16. It ain't rain that is trickling down from the reTHUGlicans.

[Brainfodder]

18. Frothy?

[Tommymac]

19. With a certain delicate 'tang'.

[Beartracks]

20. Rich Republicans: "Hey, voters, you don't need to get your money! Let US take it...

... and then WE'LL give it to you. Trust us! Heh-heh-heh! "

===========

[Lonestarblue]

8. Economic and financial education in the US is a disaster.

Too few people can even make a connection between the tax and financial policies begun in the Reagan administration to the fact they’re working longer hours for less money while the billionaires have bought members of Congress to enable them to transfer enormous wealth to themselves. The US has one of the higher rates of poverty among developed nations at a bit under 20% (though that estimate may be low because the US is still using a formula from 1960) while many Western nations have rates of 10-13%.

With mostly Republican help (though I do not let Democrats off the hook), the 1% has been recreating the English feudal system where the nobility owned all the land and wealth with the serfs kept in poverty and doing all the work to keep the money in the hands of the wealthy owners. Far too much of our government acts to benefit the wealthy at the expense of the poor and middle class.

[Farmer-Rick]

9. And this distortion of an economic system

Was predicted, planned and supported. The filthy rich took most of the markets away from millions of small businesses and then moved the jobs out of the country. Allowing corporations to trample small businesses was the start of all this.

It's not a surprise or a side affect of an industrial society.

First the corporations took up all the markets. Want to go into business for yourself? Suddenly your taxes double. As a self-employed worker, you pay much much more taxes then if you enslaved yourself to some crappy corporate job.

As a small farmer, I can't sell to grocery stores, school lunch programs, hospital food providers or most chain restaurants. Why? Because big corporations and government hindrence have taken over these markets. Grocery stores have contracts with big corporations to supply them with cheap tasteless produce. It's easier and cheaper to have one or two contractors supply all your needs. Similarly chain restaurants and institutions use these contracts to push aside local farmers. Big chain restaurants buy from corporate farms for cheap and in return restaurants force out the most all small farm competition.

Government regulations fine and penalize schools if they don't buy the cheap processed foods the USDA buys up from corporate farms. The USDA rarely buys from farmers who can't provide them with tons, yes tons, of produce at once. Small farmers can't produce tons of food at once so corporate farms always beat them out. It's designed that way. And this is done in all the markets not just farming.

So is corporations have taken over all the markets that use to be filled by millions of small businesses and farms. Now if you want to buy anything, you have to use a corporation. A corporation is making money on almost anything you buy in the US.

Second, the corporation get rid of most US jobs. Before the crash of 2008, corporations moved their production out of the US. And the government still gives these corporations tax cuts for moving those jobs out. So, now corporations have taken over all the markets and they moved all the jobs out of the US......while still controlling those markets.

So, good luck trying to compete with these monolithic monopolies.

[I_UndergroundPanther]

21. There is a small hospital

Nearish to me,is a hospital so small thier psych unit only has 10 beds. All the food in that hospital is from local produce. No corporate farms.And thier food kicks ass.Its a whole different category in flavors.

Best place to go for psych help and to eat well while you are there.

I will never forget those nurses or my stay there.
Or the food.

[Farmer-Rick]

28. Sounds like a great place

There are exceptions to corporate controlled farm produce sales like farm to table restaurants, Washington state has a local small farmer fresh produce salad bar in some of their schools. Coop grocery stores are popping up. Local farm stands and farmer's markets are an option. There are some exceptions and opportunities if you think outside routine markets.

But you can't compete with the big corporate farms. They will always under bid your price, they will always have greater quantity and they will always have backroom deals in place.

[I_UndergroundPanther]

30. The corporates

Are destroying the earths capacity to grow food. The soil of corporate farms uses shitloads of oil based fertilizer to make the soil able to grow plants at all. Fruit and produce made my big companies,has less nutrients, goes bad faster and is blander than food raised by small farms.

In the 1990's
The cantalopes are what I noticed changing first. They were ripe but bland. They didnt explode with aroma and flavor anymore. The flesh was hard even though it was dead ripe.

Usually ripe cut up cantalope kept in the fridge overnight has a mouth watering fragrance. I have bought cantalope because I love it,but there are changes in it that make it a dissapointment when I get it in a grocery store nowadays.

Makes me sad for people who never get to experince the deliciousness and scent of a real cantalope not grown on a corporate farm.

They are destroying the soil.and the plants with thier breeding for profit,and bullshit like montsano( goes by another name now) does with terminator seeds.

[Blue Owl]

10. The greed of the top 1% is absolutely disgusting

Absolutely disgusting, revolting, and inexcusable given the poverty that still exists...

[Initech]

11. Just look at Papa John's mansion and how he treats his employees.

Or Ubisoft who rewarded their hard-working employees with... a fucking NFT JPG image.

[GoCubsGo]

12. The "trickle" in "trickle down" economics is a gross understatement, that's for sure.

Compared to that, a trickle would be a 100-year flooding event.

[FakeNoose]

13. 1980 is no surprise - that's when Ronald Reagan was elected

[moondust]

14. Many/most MAGAts in the two left columns.

But their racist heroes told them socialist Big Gubment Democrats were taking their tax dollars and giving them to lazy welfare queens in Cadillacs. The Gipper and his rich pals would damn well put a stop to that! And stop those damn unions striking all the time!

Maggie got on board and away they went! In a bipolar world of commies vs. "freedom" I'm sure many in other countries were eager to follow the "leaders of the free world" who knew how things were supposed to work. And so it spread.

[czarjak]

22. Mission accomplished!

[TeamProg]

24. !!!

[TeamProg]

23. Thanks for posting. n/t

[c-rational]

25. Very telling bar graph, and aptly put..."the conservative long con."

[appalachiablue]

27. Thomas Piketty and Co. nail it again, right thru the heart! TY

[BigmanPigman]

31. Fuck, fuck, fuck, fuck, fuck REAGUN!!!!!!!!!

He has done more harm than any single president in my lifetime. I hope he is burning in Hell, even if Ron Jr doesn't believe in it.

[pansypoo53219]

32. reagan + tinkle down.

[JoeOtterbein]

33. K n R!

Thanks for posting!