The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites.

To be fair their were good reasons at the time to think it wasn't working either.

Worth noting that the Bretton Woods system was -not- quite what Keynes wanted...

	▲	imightbebatman 2 hours ago \| parent [-]
		No, yea that's fair. I think he'd be even more confounded about the current state of affairs though. Just my read.