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MrScorpio

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Member since: 2002
Number of posts: 61,400

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A Blast From The Past: The Effect of Reaganomics on the American Economy

6 Shocking Ways Conservatives Helped Cause the Economic Destruction of America

The anti-government, pro-corporate-rule Reagan Revolution screwed a lot of things up for regular people and for the country.

June 20, 2010 |

It seems that you can look at a chart of almost anything and right around 1981 or soon after you'll see the chart make a sharp change in direction, and probably not in a good way. And I really do mean almost anything, from economics to trade to infrastructure to ... well almost anything. I spent some time looking for charts of things, and here are just a few examples. In each of the charts below look for the year 1981, when Reagan took office.

Conservative policies transformed the United States from the largest creditor nation to the largest debtor nation in just a few years, and it has only gotten worse since then:



Working people's

share

of the benefits from increased productivity took a sudden turn down:



The Rest: http://www.alternet.org/story/147262/6_shocking_ways_conservatives_helped_cause_the_economic_destruction_of_america?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=alternet

Thank you very much. I LOVE caramel

Cool Shit about British Currency





The Greatest New Year's Kickoff Ever!

North America is going places

The first thing I'd do is wonder where the stairs came from, I live in a single-story home...

A brief history of The History Channel

Not to judge...


But this picture wouldn't be the same without the cat.

Merry Boxing Day, Everybody!






For future reference: My nicknames for fast food joints.

McDonalds - Mickey Death

Burger King - The Burger Despot

Wendy's - The Red Headed Step-child

KFC - The Chicken Plantation

Taco Bell - The Mexican Potemkin Village

Feel free to add your own
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