this post was submitted on 11 Feb 2024
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There has been no difference since Carter. Carter was the one who started modern neoliberalism with the idea that inducing a recession would be a good thing to stop run-away inflation, so he worked with the fed to start one.
It went Carter, Reagan, CIA, Clinton. (or, in other words, CIA, CIA, CIA, CIA).
By then, we were cooked, truly no difference in neoliberalism from either party, the cruelty towards the average person domestic and abroad is some sort of special evil.
I don't know much about Carter's administration (Non-US here) can you give me more info on how he started a recession by working with the fed? I know he largely pushed "reaching across the aisle" mentality that is used for excusing all of the US government's actions since, but I don't know much about this recession.
Here it is, straight from 1980, https://www.washingtonpost.com/archive/politics/1980/03/15/carter-unveils-plan-to-fight-inflation/e4ec33d5-0060-4aa7-b7eb-b29770cd0434/
Read the whole thing, it talks about the predicted recession that these "reforms" were intended to bring about.
Do you have a version that isn't paywalled? I can't read that one without giving WatPo money unfortunately.
Try this
https://archive.is/wip/HyrB3