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this post was submitted on 04 Apr 2025
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chapotraphouse
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This is exactly what Reagan was shooting for during is term. Except this time they're doing it in front of the curtain instead of behind. I don't have time to site sources here, but the policy of Reagan was designed to be deflationary, and ultimately led to a recession. When your economy is so fully globalized such as ours, you put the global economy at odds with the national economy. You can't unfuck the national economy without fucking the global economy.
History ... Farce... You know the drill.
for real. i've spent maybe like 8 hours today reading through all of it. it's all reminiscent of Reagan/Volcker and abandoning the bretton woods system.
they're remaking the global economy, again. the proles are going to have to pay for it, again.
capitalism is fucking stupid.
And now thanks to globalization there is zero manufacturing in the country, all the factories are rotting or turned into apartments. Lol this is way more fucked when Reagan did it. Arguably manufacturing decline was probably staved off due to his policies, mostly through a massive reduction of worker wages (I think, it's late, I'm tired).
it's so fucked up because i genuinely think they want to bring manufacturing back because war. but like, if they bring manufacturing back no one wants to pay fair, livable wages so it's all automation.
so cool we brought manufacturing back but it's all machines.
and they don't care. i don't see how that shores up the american dollar and american work force if there's 24%+ real unemployed.
ffs i know this is radlib as all hell but 2016, 2020 why didn't bernie win?