DIY-HP-LED
Well-Known Member
We are looking at a new Gilded age, similar to the one in the late 19th and early 20th century America, before Teddy Roosevelt brought it crashing down. Much of this wealth was the result of technological change, lack of regulation and taxes, and by exploiting grey areas in the law. Politicians were bought and sold back then too and policy was made for the wealthy by the wealthy. The explosive growth of telegraphs, railroads, mail order catalogs (talk about Amazon), electrification, telephones and automobiles fueled the growth, followed later by radio, used by FDR to sell the new deal and level society a bit. What America needs now is a new deal, another era of TR and FDR pragmatic economic policy. Just like with the new deal though, you have to get the republicans out of the way, sell the idea and adjust a few attitudes.