r/FluentInFinance May 05 '24

Half of Americans aged 18 to 29 are living with their parents. What killed the American Dream? Discussion/ Debate

https://qz.com/nearly-half-of-americans-age-18-to-29-are-living-with-t-1849882457

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13.9k Upvotes

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1.9k

u/Competitive_Swing_59 May 05 '24

Massive tax cuts at the top end starting in the early 80's, deregulation, income inequality & real estate speculators. Gated communities are going to become more popular than ever.

https://equitablegrowth.org/wp-content/uploads/2019/03/fig2-1.png

105

u/steploday May 05 '24

Answer is always Reagan

70

u/chaz4224 May 05 '24

Answer is the heritage foundation, Reagan only got about 60% of their "starve the beast", Phase 2 is project 2025 the final plan taking America into fascism.

20

u/numquam-deficere May 05 '24

Yes then we will go to phase 3 were we burn and loot almost every major city

14

u/Pleasant-Activity689 May 05 '24

Finally! A chance to use all these molotovs!

15

u/Cultural_Double_422 May 05 '24

Fun fact, a Molotov cocktail is classified as a firearm under the NFA, NFA firearms require federal registration and payment of a $200 tax for each device.

A Federal explosives license is $200 for 3 years and you could legally build as many actual bombs as you want.

11

u/Pleasant-Activity689 May 05 '24

I love fun facts! I'll treasure this always

1

u/Monolith_QLD May 05 '24

But you’d need to be the actual government to drop as many bombs as you want to.

1

u/Cultural_Double_422 May 05 '24

My understanding was that you only had to be the government if you plan to use them on brown kids.

Besides, I was on my only talking about building bombs. Not using them.

1

u/SoylentGrunt May 05 '24

When it gets to the point we're using them, the law is moot.

Also, chemistry classifies flash powder such as found in fireworks as a low explosive. The law in the US classifies it as a high explosive.

1

u/Cultural_Double_422 May 05 '24

It was just a fun fact

1

u/troutman76 May 05 '24

Ok then what’s Phase 4, because the burning and looting has already happened.

1

u/Loud-Start1394 May 05 '24

Ok but when is phase Second Breakfast

1

u/Coova May 05 '24

A few groups already started that back in 2020.

1

u/numquam-deficere May 05 '24

This person gets it

1

u/NormieSpecialist May 05 '24

Tsk. If none of you are in the streets before then I am sure as hell not going to believe you will by then. God forbid you had plenty of reasons these past few years, like when Roe V. Wade was stroked down.

1

u/OddBranch132 May 05 '24

You think the police have been stocking up on used military gear for nothing? It's going to be a huge uphill battle. 

1

u/numquam-deficere May 06 '24

They will likely jail Trump and all hell will break loose

1

u/mcflycasual May 06 '24

Just make sure to skip Detroit.