Saturday, July 10, 2010

Are low taxes exacerbating the recession?

Are low taxes exacerbating the recession?: "

As the planets economy keeps stumbling, the phrase 'worst recession since the Great Depression' has become the new 'global war on terror' — a term whose overuse has rendered it both meaningless and acronym-worthy. And just like that previously ubiquitous phrase, references to the WRSTGD are almost always followed by flimsy and contradictory explanations.




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(Via Salon.)