07-08-2016, 12:19 PM
(07-08-2016, 10:28 AM)X_4AD_84 Wrote: An aside, based on the 1%er graph. Lots of the Leftists on this site say that the rise of the 1%ers started with Reagan but that is not the case.
It was none other than James Earl Carter who was in office when we hit that particular inflection point.
I remember it well, viewing it from the perspective of a HS underclassman.
After the mid 70s, something shifted in the collective psyche.
The start of Yuppieism was in plain site.
That was when the Boomers decided to take the rest of the decade off in a cocaine fueled bout of hedonism. The Yuppies hadn't arrived but it wouldn't be long after that.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises