Kristi Noem
👤 SpeakerAppearances Over Time
Podcast Appearances
And the consequences of that were vast for me.
Well, so that's also kind of a surprise to me.
I think it'll be a surprise to some of the readers.
Yes and no.
The 40s, the 50s, the 60s, this is the prosperous time in America.
This is when the American middle class is built on so much of that social funding that we came to depend on.
The 60s become very tumultuous, to be sure, as the discriminatory aspects of this are challenged.
But the 70s will experience an economic downturn that is actually global.
It's a fiscal crisis.
It's global.
That's right.
But it recovers and it would have recovered.
It recovered around the globe.
It actually recovered.
But into this really interesting moment steps an opportunity or is an opportunity, I should say, for again, for folks.
who had long wanted to kind of dismantle a tax structure that felt burdensome to wealthy people.
And they actually will take that kind of already very much struggling civic infrastructure that, you know, again, was on the mend elsewhere and will double down on this austerity.
It happens here.
It happens in the UK under Thatcher.
And it's a moment that we've kind of forgotten.