This is all true. It should be noted, that was also in response to the Great Depression effectively wiping out the working class, which led directly to the need to give them that economic boost. The economy had all but stalled during the 1930’s for this reason. If they didn’t find a way to inject spending money back into the lower economy, the entire thing might have collapsed.
However, once the economy had a chance to recover, the wealthy decided they shouldn’t have to pay for these loafers to prosper anymore, and convinced politicians like Reagan and Thatcher to implement policies that would allow them to stop giving the working class any more handouts. We’ve been backsliding ever since.
This is all true. It should be noted, that was also in response to the Great Depression effectively wiping out the working class, which led directly to the need to give them that economic boost. The economy had all but stalled during the 1930’s for this reason. If they didn’t find a way to inject spending money back into the lower economy, the entire thing might have collapsed.
However, once the economy had a chance to recover, the wealthy decided they shouldn’t have to pay for these loafers to prosper anymore, and convinced politicians like Reagan and Thatcher to implement policies that would allow them to stop giving the working class any more handouts. We’ve been backsliding ever since.