Monday, June 8, 2009

Similarity between 1982 and 2009

"There are innumerable tax loopholes that help the rich but are without relevance for the poor and bail-outs for corporations and protection for industries when the workers' wages are far above the average for American industry.
~ Mancur Olson on Inequality, Discrimination, and Development pg. 174 of The Rise and Decline of nations (1982)

And yet this resembles 2009 bail-outs and current situation.

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