what is wrong with the world economy
Profits are to high; taxes and wages are to low.
Read an interesting piece in the NWT. Long term Republican denouncing GOP economic politics of the last 40 years. http://starturl.com/bsgxy I do not agree with (all of) his analysis but i do think his is a very interesting contribution to the debate. Allow me to quote the following:
"By fiscal year 2009, the tax-cutters had reduced federal revenues to 15 percent of gross domestic product, lower than they had been since the 1940s."