I don't think so, and I believe that it is related to the reasons you state, but a little more cynical. Corporate America has a very, very strong grip on politi

I don't think so, and I believe that it is related to the reasons you state, but a little more cynical. Corporate America has a very, very strong grip on politics now. For an eye-opening example, go fine graphs of the number of laws in the US that have been passed correlated to whether it had wide national voter support vs wide corporate support. It is even stronger than the 70s in my opinion. No matter who is in office, I believe they would put unbearable political/financial pressure on them to use their power to make the "bleeding" stop. Just look at right now. We are still at one of the lowest Fed rates we ever had, but since it is not 0%, you have corporate lobbyists and financial news outlets speaking as if our country can not bear these "out of control" rates.