Comments by "L.W. Paradis" (@l.w.paradis2108) on "Kurt Andersen: The True Billionaire Conspiracy To Screw The Working Class" video.

The working class is beyond our own shores now. Once China, etc., decide not to recycle dollars into our financial markets so generously, that is when you'll find out just how productive the real economies in the West are. We all have more stuff. Someone is making it. No, not robots. Robots are a small part of the story.
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There are so many conspiracy theories that, statistically, most are not true. But there are more and more "conspiracies" because they are more and more lucrative. People combine and collude to get money without working for it. Nothing mysterious about that.
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@seanclarke5915 Excellent rundown! We don't have answers, but anyone who doesn't have QUESTIONS, and who isn't attempting to discern patterns, must have been scared away or otherwise distracted.
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@davidchmielecki2967 This is true -- Clinton pulled stunts Reagan would never have dreamed of. Remember the savings and loan crisis? S&Ls were allowed to fail, fraud was prosecuted, and consumer banking, which is government insured, could not mingle investment banking into its operations.
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Jamarcus Washington The anti-Carter talk was much greater than the errors he made would justify. He did not want to engineer the recession needed to stem inflation. Reagan's minions had no problem doing that. The truth is, the Ayatollah elected Reagan. That was the one time a foreign power really did interfere with an election. The early 1980s were the FIRST generation to "live in Mom's basement" after college -- but at least they graduated without debt. People forget how horrid that time was, and how many succumbed to drugs and suicide then. We always have millions we shove to the curb. Forgotten, don't count, too bad for them nah nah, losers . . .
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@artgurrl The Soviet system was not designed to sustain huge military spending. It was more successful in the ways that matter than we were led to believe. We are constantly, CONSTANTLY fed anti-Russian agitprop, nonstop. Don't imagine you know anything about them, absent reading at least half of Stephen F. Cohen's works. (You haven't read one, I'm guessing?)
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@artgurrl Yes, certainly the USSR was in decline, but the question is why. Cohen also believed an alternative was possible, and preferable -- namely, reforming the Soviet system itself. He may be unique in that view, which is why he worked exceptionally hard in his books to demonstrate that alternatives were indeed possible. The more socialized a society, the less it can sustain huge military expenditures. It's the old "guns vs butter" graphic I have in my early edition of Samuelson. Anyway, nice talking to you. And remember Arkhipov and Petrov. We were told the Soviet system could never produce real individuals.
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@artgurrl All SO true, sadly!
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@artgurrl The USSR was both much worse and better than what we were told. We were not supposed to believe anything important ever happened there, that was the crucial thing. (As a kid, I used to picture Moscow as a place where the sun never came out.)
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The market is way down. "Stimulus?" Maybe we will be paid not to riot.
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THANK YOU. It is simple.
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