In 2008, insurance company AIG had to be bailed out by the American taxpayers to the tune of $182 billion in order to prevent its collapse from kicking off a wave of falling dominoes. Yet in his opening statement at a House Financial Services Committee hearing on the dangers of …
David Brooks doesn’t quite deserve the knee-jerk opprobium that is being rained on him from the left for his recent article on income inequality. He does mention that “there is a growing consensus that government should be doing more to help increase social mobility.” But he is wrong because he …
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