Chalmers Johnson: America’s Going Bankrupt

Chalmers Johnson: America’s Going Bankrupt

Chalmers Johnson: America’s Going Bankrupt

From Tom Dispatch: The current economic crisis is caused by policies that tax the richest Americans at strikingly low levels and spend huge sums on defense projects that have no bearing on national security.

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In this excerpt from Cinema Libre Studio’s Speaking Freely series, Chalmers Johnson explores the current economic crisis caused by keeping income tax burdens on the richest Americans at strikingly low levels, while spending huge sums on defense projects that have no bearing on national security.

Read his essay “Going Bankrupt, Why the Debt Crisis Is Now the Greatest Threat to the American Republic” on TomDispatch.com

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