this post was submitted on 28 Apr 2024
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A Boring Dystopia

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WTF Happened In 1971? (wtfhappenedin1971.com)
submitted 7 months ago* (last edited 7 months ago) by jaxiiruff@lemmy.zip to c/aboringdystopia@lemmy.world
 

(kinda) A great website to share if you have no idea how to explain the downfall of the US economy.

Edit: Thanks to everyone who provided insight on this website. I've had this in my bookmarks for a very long time and was curious how it held up.

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[–] Krono 53 points 7 months ago (3 children)

Leftists: its deregulation and reagan and the destruction of labor unions and forever wars and wall street and the death of manufacturing and and and

Libertarians: "GOLD!"

[–] jkrtn@lemmy.ml 15 points 7 months ago (1 children)

I'm kinda tired of seeing this fucking website being passed around. Several of those rocketing charts begin their launch sequence in the 80s. Must be the gold! Regulations are bad!

[–] AA5B@lemmy.world 4 points 7 months ago

Did you get a load of those interest rates …. In 3000BC?

[–] 3volver@lemmy.world 7 points 7 months ago (1 children)
[–] jkrtn@lemmy.ml 15 points 7 months ago (1 children)

Libertarians cannot handle the cognitive load of multiple contributing factors, otherwise they wouldn't be libertarians.

[–] orrk@lemmy.world 3 points 7 months ago (1 children)

I had a libertarian try to explain how a corporation couldn't be evil because fire exists, needless to say, he never got the whole part about an idea not being the same as a rock

[–] jkrtn@lemmy.ml 2 points 7 months ago

It is so stupid. I wish they would get a clue.

[–] Linkerbaan@lemmy.world -3 points 7 months ago

No it's gold. Money printer goes brr is the root cause of almost all deregulation problems.