Friday, January 15, 2021

Comeuppance


An epoch is but a swing of the pendulum.

— George Bernard Shaw

That momentous sound you hear is history's escapement as the pendulum swings back toward economic justice. I didn't think I'd live long enough to hear it. I'm glad I did.

Ninety years ago, the GOP—the party of the rich—handed FDR an economy in ruins. But by restraining the rich, FDR turned that economy around, rebuilding it on the basis of the New Deal and the nation's mobilization against fascism.

The New Deal epoch endured through seven more administrations—those of Truman, Eisenhower, Kennedy, Johnson, Nixon, Ford and Carter—until Reagan reversed the pendulum. 

Reagan and the GOP ultimately ruined the economy again, in the process awarding trillions of dollars to one of every ten Americans, while driving two of every ten into poverty

It took five more administrations—those of Bush, Clinton, Bush, Obama and Trump—to end Reagan's epoch; but, clearly, it's over. Trump made that certain.

Americans need good government—and to again deal the rich their comeuppance.

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