Deregulation and monopolistic control of the markets and supply chains, in its most recent iteration was laid out by Reaganomics, it is what has gotten us into repeated problems with inflation. Monopolies are now so powerful they can blunt inflationary control by the Fed. and sway political races. A president Trump would do what every Re…
Deregulation and monopolistic control of the markets and supply chains, in its most recent iteration was laid out by Reaganomics, it is what has gotten us into repeated problems with inflation. Monopolies are now so powerful they can blunt inflationary control by the Fed. and sway political races. A president Trump would do what every Republican since Nixon has done, exacerbate these monopoly & deregulation generated problems, just as Trump did his first time around. President Biden is the first president, in decades to pursue corporate greed with anti-trust enforcement, to any meaningful degree. (It's the only way possible to control "greedflation" but, it takes time to undo, what corporate America, and mostly the GOP, have done to damage American consumers, over many decades.) This problem was turned into a crisis with the Citizens United SCOTUS sanctioning of political bribery. As a result, 12 years later, corporate America has taken over total ownership of the Republican party and is working over the Democratic party, as much as it can. There are MAGA followers that have legitimate complaints, but unfortunately, they are being misled by the corporate owned GOP operatives that have infiltrated our media, intent upon shifting the blame away from corporate greed and monopolized media, where it belongs, to groups with little political power, minorities, immigrants, ethnicities, etc. Excess oligarch greed doesn't concern itself with floating all boats, it is determined to sink the boats of those not part of their elite GOP ruling class. It is willing to use all manner of trickery to meet their goals
A misguided ideology, if ever there was one, many of these elements have long been part of the historical fascist playbook.
Deregulation and monopolistic control of the markets and supply chains, in its most recent iteration was laid out by Reaganomics, it is what has gotten us into repeated problems with inflation. Monopolies are now so powerful they can blunt inflationary control by the Fed. and sway political races. A president Trump would do what every Republican since Nixon has done, exacerbate these monopoly & deregulation generated problems, just as Trump did his first time around. President Biden is the first president, in decades to pursue corporate greed with anti-trust enforcement, to any meaningful degree. (It's the only way possible to control "greedflation" but, it takes time to undo, what corporate America, and mostly the GOP, have done to damage American consumers, over many decades.) This problem was turned into a crisis with the Citizens United SCOTUS sanctioning of political bribery. As a result, 12 years later, corporate America has taken over total ownership of the Republican party and is working over the Democratic party, as much as it can. There are MAGA followers that have legitimate complaints, but unfortunately, they are being misled by the corporate owned GOP operatives that have infiltrated our media, intent upon shifting the blame away from corporate greed and monopolized media, where it belongs, to groups with little political power, minorities, immigrants, ethnicities, etc. Excess oligarch greed doesn't concern itself with floating all boats, it is determined to sink the boats of those not part of their elite GOP ruling class. It is willing to use all manner of trickery to meet their goals
A misguided ideology, if ever there was one, many of these elements have long been part of the historical fascist playbook.