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Why are we so willing to repeat history’s mistakes?

August 21, 2010

Ideology and money interests trump lessons of the past in debates over war, economics and taxes

This is why in the debates over war, economics and taxes, we aren’t urged to consider past conflicts; we aren’t encouraged to remember that America experienced its most storied growth under the New Deal’s aggressive financial regulation; and we aren’t told that wages and job growth expanded in the mid-20th century with a top income tax bracket above 70 percent. We aren’t reminded of these facts because they threaten the defense industry, Wall Street and high-income taxpayers, respectively — and those forces exert enormous influence over our political discourse, whether through media sponsorship, political campaign contributions or lobbying.

http://www.salon.com/books/history/index.html?story=/opinion/feature/2010/08/20/sirota_deja_vu_all_over_again&source=newsletter&utm_source=contactology&utm_medium=email&utm_campaign=Salon_Daily%20Newsletter%20%28Not%20Premium%29_7_30_110

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