Message from @Doc
Discord ID: 788610464162381834
Yes. The Ruskies would do something, and declare they could win a hot war. Reagan would ignore them and deploy tech everyone knew the Ruskies could defeat. The Ruskies were convinced we knew something about reality they did not know.
@meglide the man had a bigger collection of handwritten jokes than any statesman before or after him.
at about the 2:30 mark https://youtu.be/HA7sP47e8tA
Eliminating the top tax bracket "disincentivised" corporations from reinvesting from paying their middle managers better, investing in infrastructure improvements, and investing in R&D. Adjusted for inflation the first $7m would have been taxed at our current top tax bracket. Anything about $7m, was taxed at 74% (since the mid 60's, it used to be higher). It made no sense to pay people more that $7m, because the govt would get most of it. That's why CEO's, actors, athletes, etc. didn't used to make obscene amounts of money before 1980. Look at the earnings of Joe Namath, Terry Bradshaw, Cy Young, etc. They made nothing compared to what athletes make now. Movies cost a dollar, gas was cheap, you could take your family to a ball game for $50 and leave with a jersey.
We had a strong middle class, our innovation was off the charts, people had great retirements, few people complained about healthcase (because their union contracts covered it), most people paid into pensions (but Wall Street wanted that money and convinced us that 401K's would be better)... It all changed with the Trickle-down theory. Rich people get rich by not spending their money.
With no penalty for paying insane salaries - there was no reason to distribute the wealth. Why pay the American worker what they are worth, when we can go offshore and pay pennies on the dollar. Hell, we even pay for the Navy to protect those shipping lanes. It all starts with Reagan.
@meglide there you go. Thus my comment above. No one wanted a POTUS with opinions after Carter. Ronald took this job seriously!
(pun intended)
@TaLoN132 Yup. Time delayed wrecking ball. We got to live to pay the price.
@TaLoN132 "It all starts with Reagan." WRONG starts with Wilson ends with Nixon ... ever president after that is just along for the ride.
I always thought it started with Washington...
Adam and Eve as the story goes
Before before before....
Im not very religious, so cro magnon?
@Doc big bang and lots of inflation but I don't know if that's cosmology or federal budget
Just heard news that first lawsuit being filed against Covid PCR testing, as it doesnt distinguish between live transmissible virus and dead virus which can’t do harm, and is falsely raising the infection numbers and causing worse economic harm
@meglide I hear rumors big bang is a mathematical model that scientism turned into genesis.
pr definition
more like big bang is where the math stops and the speculation begins
They always rebell against the borders.
> Im not very religious, so cro magnon?
@Doc I have a feeling it is you to thank for the blessing we are about to receive. I hope I'm wrong. 🤞
why Gödel is my hero
Gödel is nice.
He can be weaponized against followers of scientism.
@Zuluzeit Interesting association...when people say their forfathers are their religion, ask them how far back they go. 😄
We thank you, murderous great ape, for the blessings....
Oh God. It's gonna be a biggun.
thats what she said...
just curious, does this party go on all night here?
Hahahaha
I'm no fan of the Federal Reserve... It defies logic. We might be arguing two different points. If the Fed isn't going anywhere, we still had a model for sustained equitable success and we abandoned it in 1980. Since then, we have become more fractured and I think it is on purpose. Keeping the country divided keeps the citizens unable to amass and exert their inherent power. It's a shell game and we all think we have the eye on the ball, but it ain't where any of us thinks it is.
You are partially correct, but only minutely. The problem there started at Indiana Tech where a professor in the 1970's was training students how to leverage for hostile take-over of a company, dissect it, and auction it off piecemeal for profit. Reagan did not start that, and it would have happened anyway. The combination of rising capital gains taxes and high income taxes was driving the corporatists out of the country. That is why all of the TV's that used to be made in Missouri were moved to Mexico and my area became unemployed. You can have a higher income tax when you have a lack of transporation tech forcing capital owners to rely on local employment to which they have access. Private Jets and global teleconferencing made that limitation non-existent. One of the few things Robert Reich and I agree upon.
We had a stronger middle class because downsizing for the bottom line had not become a thing. Ayn Rand's crappy philosophy of abandon your people, profit at any cost is better, you harm your employees if you treat them with respect as human beings - resulted in corporations only concerned with the bottom line and Machiavellian appearance. Then the Neo-Libs (Clinton) brought that approach to government. With the Union power busted due to its excesses in the ATC strike, downsizing of corporations under Objectivist philosophy by the corporatists, and downsizing of government by the Neo-Libs, we got wage stagnation for the middle class.
There had been a table of economy held up by the four legs: Unions, Middle Management, Government Service, and Small Business. Reagan broke the first, Objectivists destroyed the second, Clinton destroyed the third, and Walmart and Amazon weakened the last so the Dems could destroy them with Covid.
Im enjoying it while I can, this spring will be stress
It goes on all night in election chat...also what she said.
Doc, Whithers is writing a tome. You may need to stay up with your nightlight LOL
Well, I stand corrected on the impetus for it. Must have been at work already during doc's post.
read it. As usual I agree with everyones critique of who they are against.