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On the History of the U.S. Economy in Decline

Submitted on May 8, 2012

By NOAM CHOMSKY - May 08, 2012

For the general population...it’s been pretty harsh — and it could get worse. This could be a period of irreversible decline. For the 1% and even less — the .1% — it’s just fine. They are richer than ever, more powerful than ever, controlling the political system, disregarding the public. And if it can continue, as far as they’re concerned, sure, why not?

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