Ha. What's funny is I was just debating with my father yesterday (who is full blown MAGA) that despite considering myself a liberal at this point, I probably fit the traditional conservative mold far more than he does today. The sad thing is nobody will vote for someone with values on both sides. - ThreadSky

therealbtc.bsky.social • 94 days ago

Ha. What's funny is I was just debating with my father yesterday (who is full blown MAGA) that despite considering myself a liberal at this point, I probably fit the traditional conservative mold far more than he does today. The sad thing is nobody will vote for someone with values on both sides.

Comments

bluberryboom.satan.social•94 days ago

I consider myself pretty left leaning but I totally agree that the conservative right of 25 years ago is completely different than the conservative right today. My dad says it's the Tea Party that silently infiltrated the Republican party which led to the rampant Trumpism. Def worth some study

momto32.bsky.social•92 days ago

mariedj.bsky.social•94 days ago

Yes, but I think the evil rot stems all the way back to Reagan: trickle down economics, tax cuts for the wealthy, ballooning national debt, and the elimination of the Fairness Doctrine, and a complete forgetting of the lessons of the robber barons and the Great Depression.

mariedj.bsky.social•94 days ago

The old school conservatives don't get to blame MAGA for any of that: that's what created the Tea Party and MAGA

themont3r.bsky.social•94 days ago

Agreed reaganism destroyed the American middle class.

therealbtc.bsky.social•94 days ago

This is a good discussion topic but I think a far more nuanced one than simply saying "Reagan bad, Supply-side economics bad." The results were unquestionably mixed and while in the long run it may not have been beneficial, Reagan's plan was much like Obama's "spending us out of" the Great Recession

therealbtc.bsky.social•94 days ago

Reagan took over a dismal failing economy. His supply-side economics didn't start until the end of '81 and was arguably not fully in place until '83. From '83 to '88 the economy saw immense growth, lowering unemployment, increasing GDP, and so forth. This was not unlike Obama and Biden during COVID.

umbrarchist.bsky.social•94 days ago

GDP is Grossly Distorted Propaganda

What is Net Domestic Product, NDP?

Where is the data on the annual depreciation of durable consumer goods, like automobiles & air conditioners? Is Planned Obsolescence High-Tech share cropping?

The Economics Profession just Forgot about it for Seventy Years?

therealbtc.bsky.social•94 days ago

Did we take on massive debt? Of course. But we also have longstanding empirical evidence that says spending our way through recessions is a rather tried and true practice. Taking on debt is often the go-to move in the USA economy regardless of political affiliation to get us through tough times.

therealbtc.bsky.social•94 days ago

Let's also not forgot that this wasn't a "Reagan" thing. We're just so hung up on the USA that we think we're the only thing going. The UK, France, West Germany, Sweden, and Denmark all implemented similar economic and tax reforms. Supply-side economics was a prevailing economic theory at the time.

therealbtc.bsky.social•94 days ago

I honestly don't believe these are the same thing, nor the root of the modern evils, but I'll have to come back to this later since I'm driving.

Comments

Posting Rules

Reply