It's possible. A lot of bad ideas that seemed to die in the mid-20th century and were supposed to turn to ash by 2000 instead came back with a vengeance in 1973-Present in forms such as "trickle down economics" and neoconservatism.
The Reaganites were incredibly naive and short-sighted, being too young to remember the Great Depression. So they thought the egalitarian and regulatory seatbelts of the 1940-1975 era were horrible encumbrances. They had no idea, in the 1980s, what they would set in motion. The smarter ones left the conservative bandwagon before the disastrous presidency of Bush II, but by this point the Juggernaut (5/3, cannot be blocked by walls) was in motion.
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Well it's likely that Americans will experience such poverty again given the course things seem to be heading on.
It's possible. A lot of bad ideas that seemed to die in the mid-20th century and were supposed to turn to ash by 2000 instead came back with a vengeance in 1973-Present in forms such as "trickle down economics" and neoconservatism.
The Reaganites were incredibly naive and short-sighted, being too young to remember the Great Depression. So they thought the egalitarian and regulatory seatbelts of the 1940-1975 era were horrible encumbrances. They had no idea, in the 1980s, what they would set in motion. The smarter ones left the conservative bandwagon before the disastrous presidency of Bush II, but by this point the Juggernaut (5/3, cannot be blocked by walls) was in motion.