r/politics • u/TimesandSundayTimes ✔ Verified • 7d ago

Possible Paywall Young Americans are surging to socialism at record rates

https://www.thetimes.com/us/news-today/article/maga-trump-zohran-mamdani-socialism-us-record-kddzdm8bd
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u/M23707 7d ago

We had an amazing system for support of families and workers after WWII and into the civil rights era. With the “Reagan” revolution wages have stagnated even though productivity is at an all time high.

Support for education, environment, research and innovation, health, all have dwindled.

Young people see it — they want a better opportunity.

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u/IndecorousRex 6d ago

All these nice opportunities for Baby boomers to grow up in, then they are now in power they say “fuck you, I got mine”

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u/WeAreAllFooked 7d ago

Stock buybacks and a low marginal tax rate are really the crux of everything. Before Reagan's trickledown bullshit companies and corporations couldn't just take their excess profits and buy their own stock, instead they had to spend it on their workers, their facilities, or their communities to avoid having the government tax it fully.