“A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.” WayTwoInterestPoorRichPolicyCapitalismRewardsRateInequalityUnemploymentTwo WaysInterest Rate Book:Shooting the hippo: death by deficit and other Canadian myths Source: Shooting the hippo: death by deficit and other Canadian myths
“The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of our situation. But can you imagine a media commentator making the following assertion? "The debt problem has become so extreme that we have no choice but to raise taxes on the rich."” ProblemChoicesSocialSituationRichCuttingImagineMediaTaxesCapitalismRaisesFollowingExtremesDebtSpendingStatementsObjectivesAssertionCommentatorsAssessment Author:Linda McQuaig