Flatten The Curve

submitted by EndlessSunflowers from i.imgur.com

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[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (6 children)

fix that inequality with more regulation, which usually backfires

I refer to 'extreme' inequality. Additional regulation that reduces these extremes does not backfire. Regulations in the 1st half of the 20th century in the US led to one of the greatest economic eras in the world ('American dream' of post WWII - until the 1980s).

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Yes, if those additional regulations actually did reduce those extreme inequalities, instead of ultimately making them worse, then it would not be a backfire. We squashed the greatest economy and American dream out of the country with excessive regulatory and control based authoritarianism.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

Not according to every account of US 20th century history.

[–]SoCo 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (3 children)

I don't know what authoritarian fantasy world you live in, but it is no the US...

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

locate one reasonable history text that addresses US post-Civil War to New Deal politics in a manner that would contradict all of the other history texts

[–]SoCo 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (1 child)

Are you really taking the position that all government regulations is totally awesome helpful and never a bad thing....especially in respects to financial inequality?

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

all government regulations is totally awesome

Did I say that?

Just look at some of the history of basic regulations on corporate abuses. It's not rocket science.

Perhaps avoid responding to me or my posts, as you may feel better if you do.