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So what’s the problem?

“Government gets used to protect those who have already made it.  That becomes the game.  And so we had the big crash and I thought, O.K.!  We tested the alternative theory.  Cut taxes, reduce regulations and financial services, and see what happens to the economy.  We ran a thirty-year test on that and it was a disaster.” – Senator Elizabeth Warren (quoted by Jeffrey Toobin in “The Professor”)

Published inEconomicsElizabeth WarrenJeffrey ToobinLit & CritPolitics & Law

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