American - Journalist | 1958 -
Health care probably contributes a lot more to the common wealth than finance.
Timothy Noah
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We live in an era of mind-blowing scientific discovery, virtually none of which ever makes the front page, even as every trivial twist and turn in the rococo political drama has a secure place as the lead story.
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When the only people in mainstream discourse who care about the working class are Wall Street investors, it really is time to ask where our politics went wrong.
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I won't dispute that bankers' privileged treatment in the 2008 crash merits populist scorn. But unfortunately, without a bank bailout, there probably would have been a worldwide depression.
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You know what isn't class warfare? Progressive taxation, as in, say, expecting billionaires to pay at least as much in taxes as their secretaries. Ideally, in fact, they should pay more.
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Sometime, while I wasn't paying attention, trickle-down economics got respectable.
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