this post was submitted on 19 May 2025
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[–] Evil_Shrubbery@lemm.ee 5 points 5 days ago* (last edited 5 days ago) (1 children)

I'm pretty sure they all overwhelmingly achieved the same goal for the rich, it's really very dishonest not counting Clinton at least at around the same level as Reagan.

(Well, Kennedy had that car accident, so perhaps he didn't end his term fully.)

[–] finitebanjo@lemmy.world 23 points 5 days ago* (last edited 5 days ago) (2 children)

Reagan dropped the highest individual rate from 50% to 28%

Clinton raised it to 35%, increased tax on gasoline and removed a lot of upper limits.

It's the fakest shit to say they're all on the same team.

[–] iknowitwheniseeit@lemmynsfw.com 13 points 5 days ago (1 children)

Also, for one brief, shining moment we had no deficit under Clinton. I'm not a fan of his, but that was a thing.

[–] disguy_ovahea@lemmy.world 7 points 5 days ago* (last edited 5 days ago) (1 children)

A good chunk of that “fix” caused the hellscape we’re in today. He renewed the corn subsidies that encouraged overfarming, making high-fructose corn syrup less expensive than sugar. He also beefed up our trade and foreign investment relations with China which made it less expensive to manufacture overseas than domestically.

[–] JcbAzPx@lemmy.world 2 points 5 days ago (1 children)

Corn syrup was cheaper than sugar well before Clinton. One of the main reasons for the "new coke" debacle in '85 was the switch from sugar to corn syrup.

[–] disguy_ovahea@lemmy.world 2 points 5 days ago

Right. That was due to corn subsidies encouraging overproduction. Those expired under Clinton. We knew it was a problem, but he put the economy before our national health and renewed the subsidies.

[–] Evil_Shrubbery@lemm.ee 5 points 5 days ago* (last edited 5 days ago) (1 children)

Yes.

My reasoning was that while those things changed over time/each president, the Clinton's financial deregulation has affected decades of economy til this day, arguably also including deficits under future president (after 2007 crisis especially), which is his supposed achievement.

wiki/Economic_policy_of_the_Bill_Clinton_administration#Deregulation_of_banking

[–] Dagwood222@lemm.ee 1 points 5 days ago (1 children)

Almost as if we have to totally vote out the GOP.

[–] Evil_Shrubbery@lemm.ee 3 points 5 days ago (1 children)

Well, Clinton was blue-flavoured, not red.

[–] JcbAzPx@lemmy.world 1 points 5 days ago (1 children)

So vote out anyone conservative or further right.

[–] Evil_Shrubbery@lemm.ee 1 points 5 days ago

Needs more purple & various kaleidoscopic patterns.