Alternative Visions – 10 Most Important US Economic & Political Events of the Past Decade, 2010-2020

As a follow up to recent shows focusing on the 10 most important economic, technology and political events in the US for 2019, today’s show delves deeper and looks at the 10 most important of the past decade, since the great recession and financial crash of 2007-09. Topics covered include: Obama’s failed economic recovery program of 2009, Obama’s $6 trillion in extended Bush tax cuts for the rich and business, the $1T austerity program of 2011 cutting social programs, the Federal Reserve Bank’s $5T bailout of the banks and investors via QE and zero interest rates for banks for 7 years, the US debt acceleration for government, households and business, the financial asset market boom and bubbles (stocks, bonds, derivatives, etc.) still underway, $10 trillion in corporate stock buybacks and dividend payouts, the deregulation of the ACA and Dodd-Frank healthcare and bank Acts of 2010, and the rise of digital currencies like Bitcoin, Libra (proposed), and others.  On the political side of the past decade, most important events include the Supreme Court passage of Citizens United, Obama’s failure to bail out Main St. in 2010 and Democrat party debacle in the 2010 midterm elections, the shift in the ‘Red’ states and consequent spread of voter suppression, gerrymandering, and red state dominance of the electoral college, Trump’s transformation of the Republican party into a sycophant base and personal following, the cultural decline of America witnessed in rising opioid addiction, gun killings, and suicides, the Muller Report and Democrats outmaneuvered by Trump, and the Impeachment of Trump in 2019.


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