Notable events 1973. Watergate, Vietnam Easter Offensive, US withdrawal from Vietnam.
…and foreign travel into the US is still way down.
A high dollar hurts exports and helps imports creating a trade deficit. Devaluing the dollar helps exports and hurts imports.
I’m not saying this is good policy, but isn’t this the exact outcome the policy was designed to achieve?
Haha look what Biden did that Trump is ACTUALLY undoing..
I thought the idea was to tank the economy so they could refi the debts at lower rates?
**And — pay attention MAGA drones — that 10 percent drop in the buying power of your dollars is a Trump tax you must pay on everything you buy and everything you’re paying for.**
Do you really feel like you’re winning with this con man in charge of everything but Democrats?
To levels we haven’t seen in… three years. The horror.
CPI has been improving and that’s about actual CoL. Weaker dollar may just mean we can export something other than O&G and currency.
**Coincidentally**, in 70s unions started to lose members almost every year, now down to about 10%. They were over 40%.
Also, **coincidentally** in 70s that’s about when the majority of workers could last afford a home, car, family, phone, television, fridge, and so on.
Also **coincidentally** in early 70s we still had the old “progressive” filibuster rules, we changed this in mid 70s and now they just “call it” for maximum convenience… to avoid individual bills risking cloture and “calling filibuster”, they started to put them in a huge pile of hundreds of pages. They can change this rule at any time, it’s parliamentary procedure only it’s not even a law. Every bill could just be one issue. Nobody else on Earth does this filibuster cloture for a reason.
Also, **coincidentally** 70s were when the CEO of a company made as much as 50 or so workers. Now it’s hundreds of workers to match their salary, and over a thousand is not unheard of. It’s gone up over a THOUSAND PERCENT, last time I checked it was over 1,200 percent increase.
So many things changed **coincidentally** in that short period of time.
This is not even a complete list of drastic fundamental changes and trends that started in the 1970s.
When Republicans are in control, wages are *always* stagnant or barely growing. They’re all about union busting and keeping the federal minimum wage at $7.25 an hour. 😨
Given who’s in office, I think the material they are going for is pyrite.
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Notable events 1973. Watergate, Vietnam Easter Offensive, US withdrawal from Vietnam.
…and foreign travel into the US is still way down.
A high dollar hurts exports and helps imports creating a trade deficit. Devaluing the dollar helps exports and hurts imports.
I’m not saying this is good policy, but isn’t this the exact outcome the policy was designed to achieve?
Haha look what Biden did that Trump is ACTUALLY undoing..
I thought the idea was to tank the economy so they could refi the debts at lower rates?
**And — pay attention MAGA drones — that 10 percent drop in the buying power of your dollars is a Trump tax you must pay on everything you buy and everything you’re paying for.**
Do you really feel like you’re winning with this con man in charge of everything but Democrats?
To levels we haven’t seen in… three years. The horror.
CPI has been improving and that’s about actual CoL. Weaker dollar may just mean we can export something other than O&G and currency.
**Coincidentally**, in 70s unions started to lose members almost every year, now down to about 10%. They were over 40%.
Also, **coincidentally** in 70s that’s about when the majority of workers could last afford a home, car, family, phone, television, fridge, and so on.
Also **coincidentally** in early 70s we still had the old “progressive” filibuster rules, we changed this in mid 70s and now they just “call it” for maximum convenience… to avoid individual bills risking cloture and “calling filibuster”, they started to put them in a huge pile of hundreds of pages. They can change this rule at any time, it’s parliamentary procedure only it’s not even a law. Every bill could just be one issue. Nobody else on Earth does this filibuster cloture for a reason.
Also, **coincidentally** 70s were when the CEO of a company made as much as 50 or so workers. Now it’s hundreds of workers to match their salary, and over a thousand is not unheard of. It’s gone up over a THOUSAND PERCENT, last time I checked it was over 1,200 percent increase.
So many things changed **coincidentally** in that short period of time.
This is not even a complete list of drastic fundamental changes and trends that started in the 1970s.
When Republicans are in control, wages are *always* stagnant or barely growing. They’re all about union busting and keeping the federal minimum wage at $7.25 an hour. 😨
Given who’s in office, I think the material they are going for is pyrite.
Biff is President…
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