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The Banana Republic of America

Sun, Nov 7, 2010 at 9:10 am PST

Today's must-read is Nicholas Kristof on the consequences of Republican economic theories: Our Banana Republic. In my reporting, I regularly travel to banana republics notorious for their inequality. In some of these plutocracies, the richest 1 percent of the population gobbles up 20 percent of the national pie. But guess what? ...

Economy, Tax Cuts, Banana Republic, Republican Party