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> We taxed the ultra wealthy at a much, much higher rate than we do today and individual purchasing power was much higher. And colleges were free, too. People
by jasonlotito 3y ago
> We taxed the ultra wealthy at a much, much higher rate than we do today and individual purchasing power was much higher.
And colleges were free, too. People seem to forget this. But then somebody came along and undid all that, and by the 80s, things were going downhill fast.
- theironhammer 3y agoYup, Reaganomics. Aka neoliberalism. Neoliberalism has weakened the West, turning it into a Feudalist society.