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United States Quotes

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United States Quotes

“I find it remarkable that virtually all of the large difference in labor supply between France and the United States is due to differences in tax systems. I expected institutional constraints on the operation of labor markets and the nature of the unemployment benefit system to be more important. I was surprised that the welfare gain from reducing the intratemporal tax wedge is so large.”

“The United States has entered the ranks of the failed states. One of the most remarkable manifestations of a failed state is that the criminals are all inside the government operating against the people, whereas in a normal state, the criminals are on the outside of the government, operating against it. So, we now have every manifestation of being a failed state, with the government in the hands of a few Wall Street gangsters.”