• Evil_Shrubbery@lemm.ee
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    13 days ago

    I’m pretty sure they all overwhelmingly achieved the same goal for the rich, it’s really very dishonest not counting Clinton at least at around the same level as Reagan.

    (Well, Kennedy had that car accident, so perhaps he didn’t end his term fully.)

    • finitebanjo@lemmy.world
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      13 days ago

      Reagan dropped the highest individual rate from 50% to 28%

      Clinton raised it to 35%, increased tax on gasoline and removed a lot of upper limits.

      It’s the fakest shit to say they’re all on the same team.

        • disguy_ovahea@lemmy.world
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          12 days ago

          A good chunk of that “fix” caused the hellscape we’re in today. He renewed the corn subsidies that encouraged overfarming, making high-fructose corn syrup less expensive than sugar. He also beefed up our trade and foreign investment relations with China which made it less expensive to manufacture overseas than domestically.

          • JcbAzPx@lemmy.world
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            12 days ago

            Corn syrup was cheaper than sugar well before Clinton. One of the main reasons for the “new coke” debacle in '85 was the switch from sugar to corn syrup.

            • disguy_ovahea@lemmy.world
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              12 days ago

              Right. That was due to corn subsidies encouraging overproduction. Those expired under Clinton. We knew it was a problem, but he put the economy before our national health and renewed the subsidies.