Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Planet Money: When Reagan Broke the Unions (npr.org)
5 points by smacktoward on Dec 19, 2019 | hide | past | favorite | 3 comments


Ronald Reagan was somewhat looked down upon for his acting background when he first ran against Jimmy Carter.

Carter (who I believe to be a good man, but not a great president) presided over a poor economy. Reagan turned it around in his first term using unorthodox methods called "Reaganomics".

Reagan's ideas supercharged the American economy, making him enormously popular. He won re-election with 49 states, missing only the home state of his opponent. (Reagan did not campaign in Minnesota, he said it wouldn't be sporting to do so.)


>a strike that changed the trajectory of American labor.

It sure did. Tangentially related or not, it's been 40 years of a widening gap between the wealthy and non-wealthy, labor's share vs. investors' share, the cost of tuition, and many more.


I thought it said "plant money" at first glance and thought there was about to be a cs:go metaphor about the whole team getting money from the action of one player.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: