What I read from this graph, Reagan was the last great president, he truly made America great again.
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Folksy fascism. He was the "plain spoken" proto-Trump. Some worshipped him with a similar cult-like fervor.
My parents, both life-long democrats, voted for him. I didn't understand that, and I was only 15 at the time. Four years later, when I got to vote in my first Presidential election, I voted for Mondale. I've voted Democrat ever since in an attempt to balance out the Fascists.
The thing is, the Dems never pleased me either. I've realized in recent years that voting for the lesser of two evils is still a vote for evil. There should be a better way.
We have two parties that are shifting to the right and prioritize the rich at every turn. And yet, somehow, we're supposed to keep pretending that voting is going to fix anything in this country.
Voting is a bandaid and we're bleeding out at this point.
While I am not thrilled with the Dems, if you get progressive enough dems, they will institute ranked choice voting, which is the path out of a 2 party system. GOP has never done this.
This. The only way out is an evolution of one of the two existing parties due to the probabilistic nature of FPTP. Step one is short-circuiting media, and establishing a working class unity against the rich. Need blue collar voters united to start pushing for constitutional changes state by state.
Boomer Blue collar workers are somehow convinced that the Republican Party is their best friend. Fucking rubes
Sure, they'll do this just as soon as they enact universal healthcare, or federal maternity leave, or get money out of politics. Any day now ...
Oppose FPTP = get my vote
<Trump, about to suggest replacing FPTP with generational monarchy>: "Hold my hamberder..."
The US has a 2 party system, until that changes, it will always be this way.
I completely agree with you. But I base my vote solely on who has the most of those little road side signs at stop lights.
There should be a better way.
More parties and coalitions to govern. Of course in the US there's lots of regulation that makes that all but impossible, so such laws have to change, some of them retroactively.
The better way is to build up political momentum locally, and then keep taking every seat you can
Luckily, there's a back and forth swing in political momentum as well, and right now progressives are making huge strides
If you reverse this its a solid chemical equilibrium graph.
For those that don't know, 1971 is when President Richard Nixon ended the convertibility of U.S. dollars into gold for foreign governments. The final abandonment in 1971 moved the U.S. to a pure fiat money system, where the currency's value is based on government decree rather than a physical commodity like gold.
Reagan slashed taxes for the wealthy and introduced the whole idea of trickle down economics.
These fuckers have been stealing from us for half a century.
Rebranded the idea of trickle down.
The concept has existed since the late 19th century; it was formerly called "Horse and Sparrow Economics," as the horses eat the whole grains, and sparrows peck their meals from the horseshit.
Dems have always had a messaging issue, but undoing that rebranding would be a step in the right direction.
That’s a striking mental image. And it’s becoming increasingly obvious that’s exactly what’s happening—we get to pick the scraps out of the billionaires’ shit.
I despise this website. It is so wildly misleading, especially since most of the graphs don’t actually radically change until the 80s. There is no one thing that caused everything/could fix everything, it was a lot of policy changes and deregulation through the 70s and 80s.
Because policies and actions are always instantly felt and measurable.
So the graph is wrong then, should be Nixon.
No, all those graphs tell very different stories and even if they did, it wouldn't inherently mean the transition to fiat was the problem.
people who don't understand currency crack me up. it's like pretending the value of specie was tied to the value of precious metal by fiat makes it special.
I get why it's so hard to understand, economics (even when studied) isn't really a science and a lot is based in vibes.
Bitcoin is a fascinating example of a modern day commodity based system. Theoretically there is a finite amount of bitcoin that can exist, meaning there is a limited supply that controls the "market". And as we can see in the bitcoin market, commodity has its own problems (most notably people don't really want to spend it).
There are even some research done in the space, I'm not familiar with the Cato institute, but there write up here seems like a decent explanation of gold vs bitcoin - https://www.cato.org/blog/how-bitcoin-system-unlike-gold-standard
i am familiar with the cato institute and they're a propaganda outlet
Good to know, most of what they were saying didn't sound too far off, but only skimmed it. I'm not a huge crypto person to begin with though, so I may just shrug off some of their bias.
the best lies have a lot of truth sprinkled in them
I should have invested in bad thing back then.
That's how billionaires make their money.
I think we all did
It started even before him.
you can always go back further, but it's clear that Raegan was a pretty significant stepping stone in general enshitification.
Some say as far back as 1776 when "All men are created equal" was just a blatant lie from the start.
As much as we could put it all on him, and he has a lot to do with it, it's not just him. It's the corporations that took over.
We could have reversed course had Citizens United vs. Federal Election Commission never been decided the way it was. There have been some doozie political decisions over the years, but that's the one that solidified the destruction of the country.
Bingo
Also Nixon.
Yes, mostly thanks to him.
It's illegible for people with color blindness, but I get the point...
The "some metric" is also on the wrong axis, since it's clearly showing time on the horizontal.
Simplified, but true. Even so, my controversial brain has lots to add...
Bad things doing good. Real good.