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Reagan Vs. Obama – Social Economics 101

Posted by Steve Markowitz on April 16, 2012

Economists are often boring lot, typically assuming this or that and coming up with academic conclusions that do not meet reality.  The video below, sent in today by Henry, must have originated from an economist with at least some experiences based on economic reality.  The stories shared in a humorous manner.  This message is the sad truth.

With approximately 50% of Americans paying no income tax and about 60% receiving more from the government than they pay in, the message will likely fall on many deaf ears.

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