this post was submitted on 18 Jun 2025
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Progressive Politics

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cross-posted from: https://midwest.social/post/30028880

See the stickied comment below for an explanation and statement of our purpose, based on simple back-of-the-napkin math

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[–] Soapbox@lemmy.zip 2 points 1 day ago

You can see right where the energy crisis hit in 73. Then a bit of rebound under Carter, then a drop and flat line when Reaganomics kicked in.

[–] JayleneSlide@lemmy.world 5 points 1 day ago* (last edited 16 hours ago)

For anyone who would like more background on how this chart came to look this way, "Requiem for the American Dream" is free on YT: https://youtu.be/WEnv5I8Aq4I

Spoiler alert: this disparity is the result of a coordinated effort in response to an "overabundance of democracy." Another great read on how we got here is "Evil Geniuses" by Kurt Anderson.

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