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Republicans have been running on tax-cut proposals since the era of Harding and Coolidge. Tax-rate reductions and simplifications are urgently needed. But again, there is no mention of the key problems of a global economy in decline-of the acceptance by economic elites of inevitable and irremediable stagnation. We have not faced the fact that the Federal Reserve's capacity to command growth is a god that has failed.

( George Gilder )
[ The Scandal of Money: Why Wall ]
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