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Most American intellectuals and U.S. politicians are hoping Americans will get used to permanently-higher government spending as a share of GDP, and eventually, higher tax burdens, if even on the middle class (as exist in the dysfunctional European welfare states).
FORBES: The Lopsided Fiscal Cliff Deal: All Tax Hikes, No Spending Restraint
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Finally, a strong middle class can only exist in an economy where everyone plays by the same rules, from Wall Street to Main Street. (Applause.) As infuriating as it was for all of us, we rescued our major banks from collapse, not only because a full-blown financial meltdown would have sent us into a second Depression, but because we need a strong, healthy financial sector in this country.
WHITEHOUSE: President Obama Speaks on the Economy
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Many providers rely on a blended learning approach, where in-class and online learning exist together, complementing one another.
FORBES: Technology's Continuing Struggle to Disrupt Higher Ed
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This was a class that simply did not exist in the US and even if it had would have been claiming a much lower portion of the national income as a result of the much lower rents.
FORBES: The United States Used to be the Most Equal Country in the World: What Happened?
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Class-action suits do not exist in China, and if they did, the country's courts would not know what to make of them.
ECONOMIST: Sauna sleaze