Re:The Rising Cost of Child and Pet Day Care
by BoiledCabbage on Thursday July 31, 2025 @03:22AM
(#44743260)
> I currently believe that period of time (mid-20th century, esp. in the US) was a historical anomaly set up by a fairly unique set of circumstances
It was a period of high taxation on the highest incomes, large social welfare programs and by relative terms fairly low income inequality.
Finally productivity gains benefitted the labor class and not just the capital class.
That all halted in the 70s and 80s.
This. And this high taxation and middle class prosperity was the fuel that drove those who paid higher taxes to give us all the system we see today. Trump is not the cause, he’s the result.
Re:The Rising Cost of Child and Pet Day Care
by HumblyTossed on Thursday July 31, 2025 @09:40AM
(#44745541)
The Powell Memo was the start of the cause.
I used to agree with you.
I currently believe that period of time (mid-20th century, esp. in the US) was a historical anomaly set up by a fairly unique set of circumstances, and we’re just on a long and slow path to reverting back to equilibrium/norm now.
I hope I’m wrong.