Hedges does not spend enough time on Carter's domestic policy moves towards neo-liberalism.
HE was the "author" of the end of the Roosevelt coalition --- -- he wouldn't even support a very very mild "pro=labor" law that was in Congress --- he signed a watered down Humprety-Hawkins bill and then failed to enforce it --- he began the process of deregulation --- first airlines, then trucking, etc. --- he signed the first "supply side" tax cut (a cut in the capital gains tax rate in 1978) which was a harbinger of the Reagan tax cuts --- He accepted an austerity response to the inflationary surge of 1979 which led to a SIX MONTH recession in 1980 about which he did NOTHING --- (that recession cost him his presidency by the way). When Reagan took over, he got his so-called supply side tax cuts through the Congress even though it was majority Democratic --- Carter had started that stampede with the 1978 tax cut .... YES -- he was a good guy once he left the Presidency but the legacy of his policies lived on in Reagan, et al ---- Clinton was not the first "neoliberal" Democrat -- Carter was ... -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#34327): https://groups.io/g/marxmail/message/34327 Mute This Topic: https://groups.io/mt/110345269/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: marxmail+ow...@groups.io Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [arch...@mail-archive.com] -=-=-=-=-=-=-=-=-=-=-=-
