So are taxes for building bridges to nowhere etc.
A penny in tax is one penny that cannot be allocated for something else (which is far more likely to be productive).
The money supply was inflated because of the easy money policies of Greenspan and co. Attributing that solely to bankers oversimplifies things.
And let's remember that Fannie Mae and Freddie Mac, two of the groups that originally lobbied for 'increasing homeownership' and thus accelerated the real-estate bubble, are still roaming around scot-free.
The money supply was inflated because of the easy money policies of Greenspan and co. Attributing that solely to bankers oversimplifies things.
And let's remember that Fannie Mae and Freddie Mac, two of the groups that originally lobbied for 'increasing homeownership' and thus accelerated the real-estate bubble, are still roaming around scot-free.