Hell, it was literally the entire Jimmy Carter administration with Volker at the Fed having to cleanup after Nixon only to be scapegoated by Bush and Reagan.
Idk if I’d call what Volcker did under Carter “cleaning up” so much as “leveraging a moment in history to break the labor movement”.
Carter ate shit because he put economics stat blocks ahead of real material conditions of Americans. Reagan capitalized on the blunder as corporate conservative media shredded the liberal party.
Hell, it was literally the entire Jimmy Carter administration with Volker at the Fed having to cleanup after Nixon only to be scapegoated by Bush and Reagan.
Idk if I’d call what Volcker did under Carter “cleaning up” so much as “leveraging a moment in history to break the labor movement”.
Carter ate shit because he put economics stat blocks ahead of real material conditions of Americans. Reagan capitalized on the blunder as corporate conservative media shredded the liberal party.