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Cary

(11,746 posts)

1. The real tool for divesting the middle class was Reagan

Reply to c-rational (Original post)

Sat Jul 4, 2020, 12:38 PM

Jul 2020

The real tool for divesting the middle class was Reagan, creating a tax advantage for deferred compensation arrangements. That, and cutting the top rates. He created incentives to increase the value of equities at the expense of investing in labor and capital.

Too few seem to recognize this. Neoliberal indeed.

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How we got here- wealth inequality. [View all] c-rational Jul 2020 OP

The real tool for divesting the middle class was Reagan Cary Jul 2020 #1

I dispise reagan I_UndergroundPanther Jul 2020 #2

Productivity, wages, inequality since 1970s (chart since 1950) Bernardo de La Paz Jul 2020 #3