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spurring an economic boom whose benefits would be broadly shared, he pointed out, contained a fatal flaw. The precedent it relied on, the Kennedy-Johnson tax cut, had been accompanied by “ ‘Great Society’ programs that vastly increased transfer payments”—and redistributed income downward.
AnneMarie
And yet we’re still playing the same old song today as if we say it enough, maybe it’ll magically come true. I fucking hate human nature.
Reaganland: America's Right Turn 1976-1980
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