this post was submitted on 10 Apr 2025
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Lack of universal healthcare makes US less competitive (youtu.be)
submitted 10 months ago by HootinNHollerin@lemmy.dbzer0.com to c/politicalvideos@lemmy.world
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[–] Dagwood222@lemm.ee 6 points 10 months ago (1 children)

The great lesson the american rich learned from the financial crisis of the 1970s is that you don't have to do anything useful to get rich. All of Reagan's deregulation wasn't to make america more productive, it was to balloon the stock market and overpay executives. When Reagan took office, 'earning your age' meant that a 35 year old who was making $45,000.00 was a major player.

[–] 5714@lemmy.dbzer0.com 4 points 10 months ago (1 children)

The USSR was so inefficient that they lost against unproductive US. Crazy.

[–] Dagwood222@lemm.ee 0 points 10 months ago

Trump is doing in months what it took the Soviets a decade to achieve; completely dismantling the myth of competence.