Sunday, 13 May 2012

  Crisis of the Old Order

....Wall Street has captured the government’s levers of financial decision making. Public-employee unions utilize their power to capture greater and greater shares of the public fisc. Corporations foster tax-code provisions that allow them to game the system. “Crony capitalism” is endemic. Members of Congress tilt the political system to favor incumbency. A national-debt burden threatens the country’s financial health. And American citizens have become increasingly frustrated and angry...                     
                   ...... The Editors,  National Interest

                                                  

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