Re: A new study shows daycare costs more than rent and mortgage in almost every state

Akidasar <[email protected]> Sat, 18 May 2024 15:36:41 -0600
Newsgroups alt.childcare,alt.home.repair,or.politics,alt.politics.trump,talk.politics.guns,sac.politics
Organization A noiseless patient Spider
Message-ID <20240518153641.745d2a9d@iry21>
On Sat, 18 May 2024 20:29:40 -0000 (UTC)
Baxter <[email protected]> wrote:

> That all ended 
> with Reagan's union busting.

https://www.fool.com/investing/general/2013/08/05/the-day-ronald-reagan-weakened-the-american-labor.aspx

The Dow Jones Industrial Average (^DJI 0.34%) began what would be the
longest and strongest secular bull market in its history a year after
Reagan broke PATCO, producing real gains of nearly 700% from 1982 to
2000, even though real corporate earnings only doubled during the same
period. These market gains -- which took place at a time when millions
of Americans were becoming stock market participants -- helped the
nation overlook a growing divide between labor and capital that only
became widely apparent following the 2007 financial crisis.