In just a third of a century, the widespread liquidity that nourished the economy—reliable streams of cash going to workers and owners alike—has... d… - David Cay Johnston

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In just a third of a century, the widespread liquidity that nourished the economy—reliable streams of cash going to workers and owners alike—has... dried up.

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About David Cay Johnston

(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).

Also Known As

Birth Name: David Cay Boyle Johnston
Alternative Names: DC Report
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Additional quotes by David Cay Johnston

Donald has a degree on his office [wall] from Penn, an ivy league school in economics <nowiki>[</nowiki>]. He was given that degree, and I emphasize the verb "given" because he always said "Mexico is going to pay for the wall." ...[A]ll thinking people went "How are you going to make a sovereign nation pay for a wall they don't want?" "I have a plan!" Do you know what his plan was when he came into office? "I'm going to put a tariff on Mexican goods." It's a guy with an economics degree who doesn't know that a tariff... means we pay for the wall through higher prices? The man doesn't know anything.

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The rich and their lobbyists have taken firm control of the levers of power in Washington and state capitals while remaking the rules in their own interest. They have also imbued private organizations with the power to make rules that few outside the process understand. These same people... [are] the primary source of campaign donations that put politicians in office and keep them there.

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