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Picklebobble2 · 56-60, M
Makes no sense to me how it got so out of control so fast and for all the program cutting and political indignation on either side, no attempt is being made to reduce it.
And the idea that it doesn't matter as long as big business survives, the presses keep printing a worth less Dollar so the 'boomers can live longer and die leaving nothing of value to gen. x and beyond....
And the idea that it doesn't matter as long as big business survives, the presses keep printing a worth less Dollar so the 'boomers can live longer and die leaving nothing of value to gen. x and beyond....
whowasthatmaskedman · 70-79, M
@Picklebobble2 It has actually been a dripping tap since Nixon. reagan turned the faucet a little with his deregulation and every administration since has found and excuse to either leave the tap running or turn is on further. Trump of course has run a tank over the fire hydrant and its flooding the place with debt.. There comes a tipping point, which was either in Bush2 or Obama, where the amount is completely unstoppable..😷
Picklebobble2 · 56-60, M
@whowasthatmaskedman Yes. Nobody seems to want to admit that the 80's was the start of all this nonsense.
For some obscure reason the 'boomers' responsible for the likes of repeated election of Reagan; Thatcher et al still think it was the best period in their election history.
A lesson in history they refuse to learn from.
For some obscure reason the 'boomers' responsible for the likes of repeated election of Reagan; Thatcher et al still think it was the best period in their election history.
A lesson in history they refuse to learn from.
whowasthatmaskedman · 70-79, M
@Picklebobble2 None of what you say is wrong. But the deeper explanation is more complicated..😷
Picklebobble2 · 56-60, M
@whowasthatmaskedman I think the Covid era threw a few curve balls at the economics but other than that the song remains the same.
whowasthatmaskedman · 70-79, M
@Picklebobble2 Quite so.. Covid was the catalyst. That showed business they could profit more by keeping supply tight and cutting out discounting.. And they have never gone back..