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#Reagan

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@knittingknots2 A key element of #Reagan 's political success was that he let everyone know that taxes have a sweet spot. When you increase the tax rate higher, #tax #revenue declines.

Of course Reagan did not use that knowledge to optimise for tax revenue, but that is a different story.

Today, we see someone avers to knowledge inflicting randomly extreme taxes on his own people. Fodder for so many PHDs, reason for so many bankruptcies. #tariffs

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He speaks from the heart!

IMO, #neoliberalism and #libertarianism were justified for a maximum of about 5-10 years in the era of #Kohl, #Thatcher and #Reagan, when e.g. the so called “Deutschland AG” had to be broken up.

Instead of dying afterwards, the ideology mutated into a delusion, enslaved people, created monopolies, plundered natural resources, murdered, putsched and invaded other countries “when needed”.

#Trump and his #fascism are just the visible fruiting body of this deadly fungus.

For the first time since the start of his second term, #Trump hit 50% #disapproval in #VoteHub's #polling #aggregation today. votehub.com/polls/

Presidents have come back from this. #Reagan bottomed out at something like 30% early in his first term, and then of course won re-election in a landslide. But Trump doesn't have that kind of political acumen.

If we have anything resembling a fair #election, 2026 will be a bloodbath, and I'm willing to bet 2028 as well. If we don't, well, it will be a bloodbath of a different kind.

votehub.comHow Popular is Donald Trump? - VoteHubTrack Trump’s approval, generic ballot, and more with VoteHub’s polling aggregate. Updated in real time with clear, transparent methodology.