FDR didn’t just pull us out of the Depression. He fundamentally altered economic/banking/political rules so it wouldn’t happen again. Several decades ago we started dismantling some of the very protections that FDR created, so crony capitalists could party more. And here we are.
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Replying to @marwilliamson @kiestaster
That’s dead on. Also worth saying, tax credits and low interest loans are a relatively new phenomena for helping the working class. It was pioneered by this generation of Democratic leaders. We used to give people money directly, and we should again.
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Like, immediately.
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Replying to @marwilliamson @snitstwits and
and the Bush tax cuts Obama made permanent
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Replying to @WaltersAkua @marwilliamson and
Obama made them permanent for the middle class but raised taxes for the very wealthy. He’d have done it sooner and at a lower threshold, but had to fight with GOP to get anything, so it’s not like he could’ve just waived a magic wand to get whatever he wanted.
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Right, the middle class one should be permanent. The other ones should be repealed
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