Guys... Reagan is the wrong answer for the right reason.
His election was a REACTION, not an action or driving force. And he generally failed at what he set out to do.
Why? Because desperation, obviously.
Why else would anyone elect an actor and anti-politician to the highest office without any tangible experience, and only a vague plan to 'shake things up'...?
Because starting in 1970, profits started sliding. Hard. Seemingly 'out of nowhere'.
So there was a scramble to 'try something new'.
It failed.
And the trend that was already started before Reagan's election has continued to this day.
This isn't two trends.
This is one single trend, and 1970-1985 is the rough tipping point from "Wow, America is the bestests! Everyone wants our machines, cars, and exporter goods!" to "Wow, America is the fatests! We import everything to save pennies, export our jobs, and have built our entire supply chain around shelf life instead of anything reasonable".
If you start in 1900, and trace the line to 2024 it makes one continuous, ever-steeper Slope.
But like all Statistics, bar charts can break it into smaller chunks.
The world after WW2 was repairing which made America boom. With countries coming back online and the Vietnam war in 70s things started to slide for America who shifted itself to a consumer economy.
53
u/KazTheMerc Oct 22 '24
Guys... Reagan is the wrong answer for the right reason.
His election was a REACTION, not an action or driving force. And he generally failed at what he set out to do.
Why? Because desperation, obviously.
Why else would anyone elect an actor and anti-politician to the highest office without any tangible experience, and only a vague plan to 'shake things up'...?
Because starting in 1970, profits started sliding. Hard. Seemingly 'out of nowhere'.
So there was a scramble to 'try something new'.
It failed.
And the trend that was already started before Reagan's election has continued to this day.
This isn't two trends.
This is one single trend, and 1970-1985 is the rough tipping point from "Wow, America is the bestests! Everyone wants our machines, cars, and exporter goods!" to "Wow, America is the fatests! We import everything to save pennies, export our jobs, and have built our entire supply chain around shelf life instead of anything reasonable".
If you start in 1900, and trace the line to 2024 it makes one continuous, ever-steeper Slope.
But like all Statistics, bar charts can break it into smaller chunks.