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View Diary: Bill Moyers on Income Gap in America (164 comments)

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  •  Up and down (none)
    I wouldn't say "prior to the 80s" -- I would say, "between about 1930 and 1980." The late nineteenth/early twentieth century was the golden age of laissez-faire capitalism. The Great Depression weakened opposition to "socialist" measures like Medicare, which were implemented, resulted in unprecedented prosperity and technological progress, etc.

    But by 1980 the generation that actually remembered the Great Depression was starting to die off, and the forces of evil saw their chance.

    •  You're right, of course (none)
      I meant in my lifetime or in my memory, and I go back to 1950's. Going earlier and of course it was the Industrial Revolution of the 19th century and the agonizing struggles of the unions in the early 20th century.

      "The election's over. We won. It's all over but the counting, and we'll take care of the counting." Rep. Peter King (R-NY) at WH function, 2003

      by kathika on Tue Jun 21, 2005 at 01:32:59 PM PDT

      [ Parent ]

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