• 👍Maximum Derek👍
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    11 months ago

    While I know Trump is full of shit, I don’t get why articles are gloming on to this. The stock market was doing incredibly well before the 1929 crash that kicked off the great depression.

    • @captainlezbian
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      411 months ago

      Yeah, though the 1929 crash was preceded by a situation closer to the 80s or 00s. Bidenomics seems to be more or less preemptively doing new deal style policies to build real structure under a crumbling economy. It’s massive spending to rebuild the things that’d been sacrificed for short term economic gain.

      • @PopOfAfrica
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        111 months ago

        New Deal? Call me when my laid off ass sees a WPA.

        • @captainlezbian
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          211 months ago

          We fucking need one, and I’ve long thought we need to bring it back to the demands table. A minimum wage is great but a guaranteed reasonable wage for hard work in the public good forces everything upwards

          • prole
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            11 months ago

            Well not everything.

            The 1% of the 1% get “pulled down”. And I plan on being part of that demographic some day because I’m incapable of conceptualizing the magnitude of the gap between $55,000, and 5,000,000,000.