For 40 years, Republicans have been insisting that “government is not the solution to our problem, government is the problem.” But now that COVID-19, climate change, and other collective threats are bearing down, the bankruptcy of this nostrum has been laid bare. Da “Project Syndicate”.
A Trump administration staffed by plutocrats – most of whom gained their wealth from rent-seeking activities, rather than from productive entrepreneurship – could be expected to reward themselves. But the Republicans’ proposed tax reform is a bigger gift to corporations and the ultra-rich than most had anticipated www.project-syndicate.org
To say that the eurozone has not been performing well since the 2008 crisis is an understatement. Its member countries have done more poorly than the European Union countries outside the eurozone, and much more poorly than the United States, which was the epicenter of the crisis www.project-syndicate.org