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General Discussion

ChairmanAgnostic

(28,017 posts)

1. 2004

Reply to NNN0LHI (Original post)

Thu Dec 15, 2011, 09:50 AM

Dec 2011

that's when the inequality of income began to rear its ugly head, and from that point on, wages were stagnant, people began to refinance and get equity loans, simply to keep heads above water.

2008 was when it was painfully obvious that Bush fucked things up worse than Perry on a televised debate.

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Anyone care to know when this economic decline we are in now began? [View all] NNN0LHI Dec 2011 OP

2004 ChairmanAgnostic Dec 2011 #1

That may very well be when the inequality of income began for you? NNN0LHI Dec 2011 #4

Totally agree. Mimosa Dec 2011 #24

As a 4 year dozer operator in '77 madokie Dec 2011 #7

Yep...the Reagan Reaction is what set it off deutsey Dec 2011 #2

No, it all started when the Democrats took control of the House in 2006. GoCubsGo Dec 2011 #3

Gambling 90-percent Dec 2011 #5

I remember it well madokie Dec 2011 #6

You can see the trend of the rebirth of plutocracy from Reagan's era onward in this famous chart Overseas Dec 2011 #8

The de-regulation of investment banks was a very big contributor. comipinko Dec 2011 #9

Did that have something to do with me being laid off just short of 6 years during the 1980's? NNN0LHI Dec 2011 #10

I don't know, What where you laid-off from? comipinko Dec 2011 #11

Union autoworker NNN0LHI Dec 2011 #13

Seems to me, you are a victim of the corporatist's policy called comipinko Dec 2011 #14

"Free trade" couldn't have had much to do with NNN0LHI being laid off for 6 years in the 1980's. pampango Dec 2011 #15

Do you really think that the "blind eye" to the asian "dumping" of subsidized autos comipinko Dec 2011 #16

Who turned a 'blind eye'? Reagan was famous for talking 'free trade' while forcing Japan pampango Dec 2011 #19

You are right that things pivoted starting around that time. PETRUS Dec 2011 #12

1981...Reagan tax cuts.....and destruction of PATCO n/t prairierose Dec 2011 #17

Amen, my brother. Union membership in private business is down to 7 percent. mistertrickster Dec 2011 #18

It is the only tried and true method of achieving some kind of income equity NNN0LHI Dec 2011 #20

February 21-28, 1972, when Nixon visited China and took the first steps to undermine AnotherMcIntosh Dec 2011 #21

The open gate policy is what did construction Bennyboy Dec 2011 #22

Well steady deregulation, tax cuts, free trade instead of reciprocal trade, de-unionization, mmonk Dec 2011 #23