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TDE was a libertarian-flavored ideological myth Reagan bought into because it supported his warped and uneducated worldview (he, after all, was a know-nothing H
by doggodaddo78 5y ago
TDE was a libertarian-flavored ideological myth Reagan bought into because it supported his warped and uneducated worldview (he, after all, was a know-nothing Hollywood celebrity who exploited politics because Nancy). "Just make the billionaires happy and everything will be fine." Yeah, except for one problem without regulations and taxes: greed. Billionaires don't just spread cash around willingly.
It's still trotted-out occasionally by out-of-touch Republicans and conservatives just to be debunked by folks like Thom Hartmann. If it ever makes a resurgence with the level of inequality at present, we're more than doomed.