841
We might be living the final moments of not being terrified what the US President is going to do
(lemmy.autism.place)
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Why Reagan? Who moved all the manufacturing to china and built up China?
Stagnant wages, weakened unions, at-will employment, low corporate taxes, etc. All Reaganomics. Supply side economics. Basically destroyed the economic powerhouse that won the Cold War. It's still a goliath, but instead of an immovable industrial bullwark its all debt driven gambling now. Speculation and financialization.
And who moved shit to China so it's now much worse? Bill Clinton.
And now not even US/EU cars are competitive anymore. Boeing is in decline. Intel is dying.
Go into any store - nothing made in US anymore.
Accept responsibility - it's a Democrat bill Clinton doing
Both Clinton and Reagan were economic neoliberals. It is neoliberal policy that has fucked us.