@shoptastic wrote:
This event is no one's fault. ...But, like always, Main Street gets screwed, as Wall Street and corporations get bailed out (just like 2008).
I agree that the 'event' is no one's fault. The response/failure to anticipate/failure to provide adequate response IS.
For my adult decades one party has focused on the 'needs' of Wall Street while the other has focused on Main Street. There are so many more of us that are on Main Street that it is absurd that Wall Street ever wins a single public office. Do we not vote? Do we not understand what is at stake? Do we swallow the lies and fawning and scare tactics?
To me, the greatest pieces of Main Street legislation ever done were Social Security back in the 1930's, which provides a financial security net under the widowed and disabled even before retirement. Medicare (1965). IRAs as an almost accidental Main Street benefit to ERISA done primarily for Wall Street in 1974. Minimum Wage from 1938. Child Labor laws from 1938. Affordable Care Act from 2010. The Executive office for all of this Main Street legislation except ERISA was our Main Street party while the Wall Street party still seeks to strip program funding and redirect it to their special interests.