2.21.2011

Getting it straight

Robert Reich (The Coming Shutdowns and Showdowns: What's Really at Stake)

There’s no doubt that government budgets are in trouble. The big lie is that the reason is excessive spending. 

Public budgets are in trouble because revenues plummeted over the last two years of the Great Recession. 

They’re also in trouble because of tax giveaways to the rich. 

 

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