At 01:31 03/12/2012, RBS wrote:
Begin forwarded message:
<http://www.nytimes.com/2012/12/03/us/winners-and-losers-in-texas.html?emc=na>http://www.nytimes.com/2012/12/03/us/winners-and-losers-in-texas.html?emc=na
Thanks for forwarding such an interesting (and apposite) article.
Louise Story must also be commended for the research it entailed. It
would require a lot more research, however, to establish just how
much businesses are gaining at the expense of the public (via state
government) in strictly financial terms. It is this (when collated
from all US states) that actually determines the net money flow and
thus the respective political strengths of corporations versus
governments as they decline or prosper in the coming years. (Relative
to the other -- the balance won't stay the same, to be sure.) It is
salutary to remind ourselves that every single 'advanced' government
is deep in debt but that almost all large multinational corporations
are awash with profits.
Keith
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