22. The Culture of Greed Was Real
Poverty rates rose, houses fell apart, and cities became riddled with crime and drugs, all while corrupt CEOs were giving themselves raises. They used the tax breaks that Reagan gave them to provide themselves with bonuses, so they had more money than they could spend.
Large corporations had previously invested in their employees through things like skills training, education and housing benefits, and family leave. But with the de-regulation that came with Reaganomics and the greed that became rampant in the upper echelons, many of these programs were gutted.