How Democrats Killed Their Populist Soul

[gabrielle]

I think this article is pretty fair, actually. It is not blaming Watergate Baby Democrats for leading the dismantling of New Deal protective policies, but for allowing it to happen.  This paragraph pretty much sums it up:

Quote:When Reagan came into office, one of his most extreme acts was to eliminate the New Deal anti-monopoly framework. He continued Carter’s deregulation of finance, but Reagan also stopped a major antitrust case against IBM and adopted Bork’s view of antitrust as policy. The result was a massive merger boom and massive concentration in the private sector. The success of the Watergate Baby worldview over the old populists can be seen in what did not happen in response to this quiet yet extraordinarily radical revolution: There was no fight to block Reagan’s antitrust restructuring. He reversed the single most important New Deal policy to constrain concentrations of economic and political power, and… nothing. Antitrust was forgotten, because no one was left to fight for it.

Oh, and I've always hated the phrase "Don't trust anyone over 30."  The ultimate Boomer stupidity.  If that's the case, why should Millennials trust you guys?