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Chapter 13: What to Do?
the dreams that fill our hearts, the
bravery to express our hopes and
dreams and the confidence to turn these
hopes and dreams into action.”
THE GREAT DEFORMATION
An expanding federal government and a shrinking
economy are threats to our future. According to
Congressional Budget Office projections, federal
spending will increase as a percentage of GDP well into
the future. Meanwhile,
quantitative easing and
low-interest rates have An expanding federal
benefitted the wealthy to government is a threat
to our freedom.
the detriment of the middle
class. So far, the majority
of the newly created money has not penetrated the
general economy where it would have benefitted most
people.
The word deformation means a change for the
worse. David Stockman is the author of The Great
Deformation – The Corruption of Capitalism in
America, Public Affairs, 2013. Stockman believes that
America has slipped into crony capitalism where there
is a symbiotic relationship between big business and the
federal government.
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