Republicans Promised A Great Country For All - But Only Delivered It To The Rich

 

The following is just part of a post by Thom Hartmann at The Hartmann Report:

A new national survey of Americans finds that almost half of us (48%) say our lives are “lacking in fun” with fully 12% saying they can’t recall the last time they had an entire day they could simply enjoy. More than half (57%) said this was because they couldn’t afford to have fun, which makes perfect sense when you consider how 45 years of Reaganomics have destroyed the union movement and progressive taxation, and thus gutted the American middle class.

Like idiots, we Americans bought Reagan’s siren song hook, line, and sinker back in 1980. He told us prosperity would “trickle down” if we just abandoned the largely non-profit healthcare system we had nationwide (most states required hospitals and health insurance companies to be nonprofits), the unions that fought for us to have good pay and benefits, enforcement of anti-monopoly laws, free college, and subsidized housing.

Reagan put what’s sometimes called “the neoliberal agenda” (I wrote a book about it: The Hidden History of Neoliberalism: How Reaganism Gutted America”) into place and no president, Republican or Democratic, has fully repealed it. We still have few union members, low taxes on billionaires and corporations, profitized healthcare and education, and stagnant wages for working class people.

All because we believed the Republicans and their billionaire backers and media owners. Consider how they’ve played three generations for fools:

Republicans told us if we just cut the top tax rate on the morbidly rich from the 74% it was at in 1980 down to 27% it would “trickle down” benefits to everybody else as, they said, the “job creators” would be unleashed on our economy.

Instead of a more general prosperity, we’ve now ended up with the greatest wealth and income inequality in the world, as over $70 trillion was transferred over 45 years from the bottom 90% to the top .1%, where it remains to this day. The middle class has gone from over 65% of us to fewer than half of us. It now takes 2 full-time wage earners to sustain the same lifestyle one could in 1980. . . .

Republicans told us that if we just stopped enforcing the anti-monopoly and anti-trust laws that had protected small businesses for nearly 100 years, there would be an explosion of innovation and opportunity as companies got bigger and better.

Instead, we’ve seen every industry in America become so consolidated that competition is dead, price gouging and profiteering reign, and it’s impossible to start or find small family-owned businesses anymore in downtowns, malls, and the suburbs. It’s all giant chains, many now owed by hedge funds or private equity. Few family or local businesses can compete against such giants.

Republicans told us that if we just changed the laws to let corporations pay their senior executives with stock (in addition to cash) they’d be “more invested” in the fate and future of the company and business would generally become healthier.

Instead, nearly every time a corporation initiates a stock buyback program, millions and often billions of dollars flow directly into the pockets of the main shareholders and executives while workers, the company, and society suffer the loss. . . .

Republicans told us we should hand our healthcare decisions not to our doctors but to bureaucratic insurance industry middlemen who’d would decide which of our doctor’s suggestions they’d approve and which they’d reject for payment. They said this will “lower costs and increase choice.”

In all of the entire developed world — all the OECD countries on 4 continents — there are only 500,000 medical bankruptcies a year. Every single one of them is here in America.

Republicans told us if we just got rid of our unions, then our bosses and the companies that employ them would give us better pay, more benefits, and real job security.

As everybody can see, they lied. And are working as hard as they can to prevent America from returning to the levels of unionization we had before Reagan’s Great Neoliberal Republican Experiment. . . .

The bottom line is that we — as a nation, voluntarily or involuntarily — have now had the full Republican experience, and every Zoomer paying attention knows it. It’s why they’re no longer listening to the Republican politicians who are continuing to try to sell us this bullshit.

We don’t want to hear Republicans sermonizing about deficits (that they themselves caused).

Or welfare (that they damaged and then exploited).

Or even whatever they’re calling “faith” these days, be it the death penalty, forcing raped women to give birth at the barrel of a gun, or burning books.

We’re over it, Republicans; we want fun and meaning back in our lives, rather than just working ourselves to death so Bezos and Zuck can buy new yachts.