Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Dear Republicans: We Tried Your Way and It Does Not Work
The Hartmann ReportTheir "Reaganism" sales pitch was effective, and we’ve now had 42 years of the so-called Reagan Revolution: It’s time to say out loud that it hasn’t worked
The 1970s were a pivotal decade, and not just because it saw the end of the Vietnam War, the resignation of Nixon, and the death of both the psychedelic hippie movement and the very political (and sometimes violent) SDS. Most consequentially, the 1970s were when the modern-day Republican Party was birthed.
Prior to that, the nation had hummed along for 40 years on a top income tax bracket of 91% and a corporate income tax that topped out around 50%. Business leaders ran their companies, which were growing faster than at any time in the history of America, and avoided participating in politics.
Democrat Franklin Roosevelt and Republican Dwight Eisenhower renewed America with modern, state-of-the-art public labs, schools, and public hospitals across the nation; nearly free college, trade school, and research support; healthy small and family businesses; unions protecting a third of America’s workers so two-thirds had a living wage and benefits; and an interstate highway system, rail system, and network of new airports that transformed the nation’s commerce.
When we handed America over to Ronald Reagan in 1981 it was a brand, gleaming new country with a prosperous and thriving middle class.
The 1970s were a pivotal decade, and not just because it saw the end of the Vietnam War, the resignation of Nixon, and the death of both the psychedelic hippie movement and the very political (and sometimes violent) SDS. Most consequentially, the 1970s were when the modern-day Republican Party was birthed.
Prior to that, the nation had hummed along for 40 years on a top income tax bracket of 91% and a corporate income tax that topped out around 50%. Business leaders ran their companies, which were growing faster than at any time in the history of America, and avoided participating in politics.
Democrat Franklin Roosevelt and Republican Dwight Eisenhower renewed America with modern, state-of-the-art public labs, schools, and public hospitals across the nation; nearly free college, trade school, and research support; healthy small and family businesses; unions protecting a third of America’s workers so two-thirds had a living wage and benefits; and an interstate highway system, rail system, and network of new airports that transformed the nation’s commerce.
When we handed America over to Ronald Reagan in 1981 it was a brand, gleaming new country with a prosperous and thriving middle class.
Link to tweet
13 replies
= new reply since forum marked as read
= new reply since forum marked as read
