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 to c/[email protected]
 

(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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[–] [email protected] 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!"

[–] [email protected] 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!

[–] [email protected] 4 points 7 months ago

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

[–] [email protected] 7 points 7 months ago (1 children)
[–] [email protected] 15 points 7 months ago (1 children)

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

[–] [email protected] 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

[–] [email protected] 2 points 7 months ago

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

[–] [email protected] -3 points 7 months ago

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