• DarkFuture@lemmy.world
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    2 months ago

    We view the late 40s through the 70s as a golden age for the American middle class. People raising families off a single income. Yearly vacations. Affordable higher education.

    Know why?

    We taxed the ever-loving fuck out of the wealthy back then.

    Then the wealthy bought the politicians and stopped that from happening.

    And now we’re all sad.

    DO. NOT. VOTE. FOR. ANYONE. THAT. DOESN’T. RUN. ON. TAXING. THE. WEALTHY. MORE.

    • vane@lemmy.world
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      2 months ago

      The pay gap between CEO and ordinary worker was the smallest back there, not because the taxes, there were less taxes back then, but because those CEO were decent people, not predatory like right now. Todays C-Suite are predatory people, they’re not humans, they’re money machines that need every penny. There should be law that don’t allow pay gap between CEO and ordinary worker to be greater than 100k USD or any other currency in other countries. Those who pursue luxury would say that’s very low. Yes it’s very low because everyone who works in successfull company deserve success. Not only small group on top. That is main difference between companies from 40s and 70s and companies right now.

      • Snot Flickerman@lemmy.blahaj.zone
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        2 months ago

        This is also why (white) Boomers struggle to understand how it got so bad. They literally lived in a period where you could often count on and trust your boss.