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Inflation vs COLA is the punchline. Everything you list is at best a footnote to the story.

The story is harmful deregulation after deregulation even though lots of smart people kept saying it was a bad idea. The ridiculous wealth inequality and the inability for anyone to get ahead without preexisting generational wealth . . . ironically unexpected.




Everything was a lot less regulated in 1960.

> inability for anyone to get ahead without preexisting generational wealth

What did Bezos/Musk/Gates/Jobs/Cuban/Springsteen/Oprah/Altman/Nadella/etc. inherit?




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