Remember all that stuff about how the credit crunch was going to usher in a new age of austerity The financial industry would shrink; the gulf between the haves and the have-nots would close; and taxes would rise for the top earners, forcing them to contribute more to society. Well, guess what It didn't happen. In fact, we just had a "rich-get-richer" recession.
February 09, 2011 at 12:00 AM
1 minute read
Remember all that stuff about how the credit crunch was going to usher in a new age of austerity The financial industry would shrink; the gulf between the haves and the have-nots would close; and taxes would rise for the top earners, forcing them to contribute more to society.
Well, guess what It didn’t happen.
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