Complaints through the ages:
Whichever side of the political spectrum you live on, the general thinking is if the Other Guy wins, civilization will come to an end.
But think about it. We got the minimum wage and life went on. (There's even a good argument that it improved for many.) The Wagner Act -- enshrining labor rights -- passed in the 1930s and America survived. (Prospered, even.)
The progressive income tax was installed in 1913 after the Taft Administration pushed through a Constitutional Amendment, and a century later we still have plumbing, electric lights and all-tile bathrooms. (Who would have thought?)
As I get older, I get less agitated about the predictions of imminent destruction than I did when younger. (That goes for Leftie prophecies of disasters as well. If President Romney gets rid of Medicare and Social Security, life will be crappier for wide swaths of the population, but the world will not end.)
I recall the wailing about Impending Doom when Bill Clinton pushed through a tax hike in 1993. ("The economy will implode! You can't tax the Successful!" etc.) But funny thing. Everybody survived paying a few percent more. How could that have happened?
h/t "The Big Picture."