British-German national; Economics student at University College London, Sciences Po Paris and Columbia University New York; Research Intern at Bruegel
I find this quasi-philosophical example quite strange; similarly you could argue that the financial firepower of the 1 "lucky" person allowed him/her to lobby Washington so effectively that the Bush Tax Cuts were introduced, a policy that boosted the deficit more than the Recovery Act.
You should look at a graph of what policies actually added the most to the deficit in recent years; the Bush wars and the Bush tax cuts. And the Bush Administration was hardly representative of a government for "the 99".
America’s Hope Against Hope
I find this quasi-philosophical example quite strange; similarly you could argue that the financial firepower of the 1 "lucky" person allowed him/her to lobby Washington so effectively that the Bush Tax Cuts were introduced, a policy that boosted the deficit more than the Recovery Act.
You should look at a graph of what policies actually added the most to the deficit in recent years; the Bush wars and the Bush tax cuts. And the Bush Administration was hardly representative of a government for "the 99".