STOCK MARKET WATCH -- Friday, 22 February 2013

[Demeter]

11. Reagan Revolution Home To Roost — In Charts

http://blog.ourfuture.org/20120318/reagan_revolution_home_to_roost_-_in_charts

It seems that you can look at a chart of almost anything and right around 1981 or soon after you’ll see the chart make a sharp change in direction, and probably not in a good way. And I really do mean almost anything, from economics to trade to infrastructure to … well almost anything. I spent some time looking for charts of things, and here are just a few examples. In each of the charts below look for the year 1981, when Reagan took office.

Conservative policies transformed the United States from the largest creditor nation to the largest debtor nation in just a few years, and it has only gotten worse since then:



...intense concentration of wealth at the top:



...MORE MISERY IN GRAPHIC FORM...

Sometimes it can be so obvious where a problem comes from, but very hard to change it. The anti-government, pro-corporate-rule Reagan Revolution screwed a lot of things up for regular people and for the country. Some of this disaster we saw happening at the time and some of it has taken 30 years to become clear. But for all the damage done these “conservative” policies greatly enriched a few entrenched interests, who use their wealth and power to keep things the way they are. And the rest of us, hit so hard by the changes, don’t have the resources to fight the wealth and power...