Comments by "DrScopeify" (@drscopeify) on "'Fast Money' traders talk a climb in the 10-year Treasury yield" video.

@mmaranta785 Well Regan caused the massive collapse of the US industrial base so he was not who you think he was - he removed the critical subsidies for ship building in 1981. That collapsed the steel industry as well like Bethlehem steel went under in 2003 becasue of lack of demand for ship building. Regan did crazy level of damage. And the funny thing? Every ship built anywhere in the world today gets a subsidy China, France, Japan, they all have to pay it just part of the deal of having an industry base. So we replaced 30 million workers in ship building, industry and steel with 9 million Tech workers but heyyy they make like 90k a year. Fewer people getting more $$$. That's how you gut the middle class.
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