Tuesday, July 19, 2011

The Reich Class: The USA’s Modern Bourbons by William L. Anderson

The Reich Class: The USA’s Modern Bourbons by William L. Anderson: "A video by former Clinton administration Secretary of Labor Robert Reich has been making the rounds, as Reich (who now is teaching at the University of California-Berkeley) claims to have 'solved' our economic problems. What is the problem, according to Reich? Marginal taxes are not high enough.

Indeed, as we shall see, Reich represents a class of people who yearn for the 1950s, when a third of the workforce was unionized, people 'believed in government,' tax rates were high, industries such as banking, railroads, airlines, and trucking were tightly regulated, and Americans were fed the kind of news via Progressive newspapers and a regulated broadcast media that the 'Reich Class' believed they should have. If one can liken this group to any in history, it would be the Bourbon Dynasty, of which Tallyrand once said, 'They learned nothing and they forgot nothing.'"

No comments:

Post a Comment

Note:
The 'Reader Responses; shown on many posts/articles are almost always worthwhile reading.

Often, the comments by readers enhance the posted article greatly, and are informative and interesting.

Hopefully, all will remember to read the reader comments, and post their own as well.
Thanx
*****