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Solution to economic crisis? More of same
Wednesday, June 1st, 2011
May 31 2011
Reading Michael Boskin’s article is like reading a road map back to the 1890s and the era of the Robber Barons. Trying to paint the dire economic circumstances of the world as a result of mankind trying to create a more just and balanced democratic society for everyone is not only ludicrous but purposely deceptive. Nowhere is the real culprit identified — the 40-plus years of artificially low interest rates caused by the deregulation and lack of monitoring of the world’s major banks brought to us by the very same neoconservative politicians he champions.
Tags: budget, economy, ideology, standard of living
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