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>Were I a betting man I'd say that the reason for doing this was to discredit left leaning economic policy for another 40 years, like happened after the stagfla

>Were I a betting man I'd say that the reason for doing this was to discredit left leaning economic policy for another 40 years, like happened after the stagflation of the 70s. You see this is what I have been thinking as well. We have the corruption and rot being exposed on a daily basis by all the new Left media. Do we honestly think the capital class is that stupid that they haven't thought of some way to extinguish the rise of progressivism when the playbook is out in the open? They are probably 10 steps ahead of any populist movement. The left frequently cites FDR and how things turned around after the people had enough and were at the breaking point. They say its in the cusp of happening again. Yes that could happen again but with the rise of technology and big data, I can't possibly believe that the capitalist class hasn't used this ability to simulate every probable outcome to counteract this. I am reminded of the excitement I was feeling in the run up to Bernie almost clinching the presidential nomination. His campaign was firing on all cylinders and was just destroying everyone else in the race. I got a false sense of victory when I took seriously the crying that all the mainstream media pundits started to do after his stunning victory in Nevada. It was all a ruse in the end. At the last second before Super Tuesday (the day that would have cemented Sanders victory) the Democratic leadership(Obama and others) made a deal with Klobuchar and Buttigieg to drop out and side with Biden in a move that left the Sanders campaign with no time left to recover. I saw things like Universal Healthcare, stopping the MIC and other progressive goals literally crumble in my hands after that day. Looking back, I should have seen what happened to Jeremy Corybn in the UK and treated it as a canary in the coal mine. Now with Biden having done absolutely less than nothing, I feel as if at least half of the Millenial generation and some of Gen Z has been completely written off at this point. The oldest in this cohort is turning forty and there is no way for them to make up for lost gains in this corrupt rotten scenario. I'm really scared about the future. They are now gunning for the last stable career in the US (software engineering/IT) and while I am in my 30s and been in the industry for ~10 years now, I can't be reasonably sure that I can make it to the finish line of retirement without this career disappearing or being severely curtailed by automation/outsourcing/etc. I guess every generation has this fear.

thrown_22 5y ago
>The left frequently cites FDR and how things turned around after the people had enough and were at the breaking point. The New Deal did very little to stop the great depression until WWII started. People forget that everything in the New Deal was still too little too late and it was only fixed when the federal government debt was 20% of the US economy for 5 years between 1941 and 1946.
- giantg2 5y ago
  I forget the details, but wasn't a major part of the issue that they tried to address it from a fiscal point of view and largely ignored or used the wrong monetary policies?
amcoastal 5y ago
While I had hoped Bernie would have been elected, at this point I don't think much would have changed if Bernie had been president. If anything, it probably would've made Joe Manchin dig his heels in even further. At this point I think they know 2022 is gone, and are aiming for a fighting chance in 2024. The only real difference between a president bernie and a president biden, is that in 2023 and 2024, leading up to the election, when the republican congress refuses to do anything, Bernie would sign EOs that would help people, and Biden just MIGHT sign them (being able to use the excuse that republicans wont work with him to do it). IMO, the only good thing that was ever going to come from these 4 years was not having Trump as president, and possibly an EO reducing student debt and an EO rescheduling marijuana. Nothing else progressive was going to happen even with a president Bernie. And those two EOS might still happen from Biden, but who really knows.
- nebula8804 5y ago
  >While I had hoped Bernie would have been elected, at this point I don't think much would have changed if Bernie had been president. If anything, it probably would've made Joe Manchin dig his heels in even further. I respectfully disagree. Did you know that in 2016 in the Democratic primary in West Virginia Bernie won all 55 counties and in one country Hillary Clinton finished in third place? West Virginia has an extremely strong history in fighting for workers rights. The whole term 'redneck' came from the red bandanas the coal miners used to wear when protesting for better working conditions. Bernie was very clear on how he would handle Joe Manchin: He would go into WV in every county and publicly hold rallies showing the state how much Manchin is holding them back from the things that they want. He would take every opportunity to embarrass and pressure Manchin. Finally, he and Biden have one more angle. Manchin's daughter is the one behind the whole Epipen price gouging scandal. There is plenty to go after her with. That would certainly light a fire under his rear end. Biden has not even tried any real pressure and for that is all on him. >MO, the only good thing that was ever going to come from these 4 years was not having Trump as president, and possibly an EO reducing student debt and an EO rescheduling marijuana. That is enough to rally the base and get them fired up and work to expand on the purple states to gain seats. He blew a perfect opportunity.

thrown_22 5y ago

>The left frequently cites FDR and how things turned around after the people had enough and were at the breaking point. The New Deal did very little to stop the great depression until WWII started. People forget that everything in the New Deal was still too little too late and it was only fixed when the federal government debt was 20% of the US economy for 5 years between 1941 and 1946.

giantg2 5y ago
I forget the details, but wasn't a major part of the issue that they tried to address it from a fiscal point of view and largely ignored or used the wrong monetary policies?

amcoastal 5y ago

While I had hoped Bernie would have been elected, at this point I don't think much would have changed if Bernie had been president. If anything, it probably would've made Joe Manchin dig his heels in even further. At this point I think they know 2022 is gone, and are aiming for a fighting chance in 2024. The only real difference between a president bernie and a president biden, is that in 2023 and 2024, leading up to the election, when the republican congress refuses to do anything, Bernie would sign EOs that would help people, and Biden just MIGHT sign them (being able to use the excuse that republicans wont work with him to do it). IMO, the only good thing that was ever going to come from these 4 years was not having Trump as president, and possibly an EO reducing student debt and an EO rescheduling marijuana. Nothing else progressive was going to happen even with a president Bernie. And those two EOS might still happen from Biden, but who really knows.

nebula8804 5y ago
>While I had hoped Bernie would have been elected, at this point I don't think much would have changed if Bernie had been president. If anything, it probably would've made Joe Manchin dig his heels in even further. I respectfully disagree. Did you know that in 2016 in the Democratic primary in West Virginia Bernie won all 55 counties and in one country Hillary Clinton finished in third place? West Virginia has an extremely strong history in fighting for workers rights. The whole term 'redneck' came from the red bandanas the coal miners used to wear when protesting for better working conditions. Bernie was very clear on how he would handle Joe Manchin: He would go into WV in every county and publicly hold rallies showing the state how much Manchin is holding them back from the things that they want. He would take every opportunity to embarrass and pressure Manchin. Finally, he and Biden have one more angle. Manchin's daughter is the one behind the whole Epipen price gouging scandal. There is plenty to go after her with. That would certainly light a fire under his rear end. Biden has not even tried any real pressure and for that is all on him. >MO, the only good thing that was ever going to come from these 4 years was not having Trump as president, and possibly an EO reducing student debt and an EO rescheduling marijuana. That is enough to rally the base and get them fired up and work to expand on the purple states to gain seats. He blew a perfect opportunity.