Just last week the @sffed released a report saying the financial crisis has cost EVERY SINGLE American $70,000
And with 40% of Americans unable to cover a $400 emergency cost, Main St consumers can’t afford another one to happen—yet the deregulation effort in DC is well underway
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This one was much, much better.https://www.newyorker.com/magazine/2009/09/21/eight-days …
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And still "the rich get richer and the poor get jailed."
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And happening again soon. For the same reasons.
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Still is playing out. Unwinding some of the protections is beyond stupid but there you go
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We need a New Deal.
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relative low impact to overall US economic
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Reagan's trickle down or Voodoo economics (the Republican economics idea that pissing on our necks and calling it rain is great) seems an obvious place to start looking. Note in the graph; who was in the oval office when this all started, the Republican's Saint Reagan!pic.twitter.com/EwlKYwid55
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