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pampango

(24,692 posts)

14. Certainly a possibility. Of course, good ol' conservative economics did the same before FDR

Sun Jun 19, 2016, 07:38 AM

Jun 2016

came along. Under Harding, Coolidge and Hoover income inequality and desperation of the 'little people' reached levels that we still have not surpassed even today - though we are awfully close. The HCH boys got us there with good ol' conservative policies - union busting, tax cuts for the rich, deregulation and high tariffs. FDR reversed all of that.

Trump seems to want to go back to the ol' HCH days in terms of his economics. Those days were 'good' only for the 1%. We need to return to the genuine liberalism of FDR.

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Neoliberalism is dying.... [View all] Bigmack Jun 2016 OP

Not soon enough. appalachiablue Jun 2016 #1

Not soon enough Warpy Jun 2016 #2

Don't I wish. SheilaT Jun 2016 #3

True. Unfortunately Donald will bring back ........ ? Reaganomics? Hoover-onomics? pampango Jun 2016 #13

It's quite alive in the candidacy of the Democratic presumptive nominee. AtomicKitten Jun 2016 #4

Congrats on 8,000 posts! bigwillq Jun 2016 #5

The other side of the coin is that Neo-Lib may be working exactly as intended Hydra Jun 2016 #6

That is always a possibility. zeemike Jun 2016 #7

It's a funny thing Hydra Jun 2016 #8

Certainly a possibility. Of course, good ol' conservative economics did the same before FDR pampango Jun 2016 #14

This is what I've long thought... Wounded Bear Jun 2016 #12

I certainly hope so. roamer65 Jun 2016 #9

It took long enough rusty quoin Jun 2016 #10

Good riddance to bad rubbish. Triana Jun 2016 #11