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The Water Cooler
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Bring back the 91% tax rate
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<blockquote data-quote="WTJ" data-source="post: 1993249" data-attributes="member: 6661"><p>He left out the Cold War artificial economy. That may have been a key part of all that 'success'. Those union jobs of which he speaks got mostly outsourced in favor of a global economy, both by the corporations and a government economy, most government regulatory agencies didn't exist then, and a MULTITUDE of factors were conveniently ignored in his article.</p><p></p><p>This is about Krugman's stated agenda as much as it is an random collection of historical facts.</p></blockquote><p></p>
[QUOTE="WTJ, post: 1993249, member: 6661"] He left out the Cold War artificial economy. That may have been a key part of all that 'success'. Those union jobs of which he speaks got mostly outsourced in favor of a global economy, both by the corporations and a government economy, most government regulatory agencies didn't exist then, and a MULTITUDE of factors were conveniently ignored in his article. This is about Krugman's stated agenda as much as it is an random collection of historical facts. [/QUOTE]
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Bring back the 91% tax rate
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