It's Official: The United States Is Now A Banana Republic

Zero Hedge -

Zero Hedge—It's Official: The United States Is Now A Banana Republic In some ways, we sympathize with Neel Kashkari's concern about the unprecedented wealth inequality that has emerged in the US in recent years and which has resulted in a slow, methodical and relentless destruction of the US middle class

The US Could Have A Welfare State — But We Don’t. In the United States, we have a labyrinth of tax subsidies and vouchers, and an endless line of private interests looking to cash in on social services. Don’t call that a welfare state — it’s not. And we deserve better.. In the United States, we have a labyrinth of tax subsidies and vouchers, and an endless line of private interests looking to cash in on social services. Don’t call that a welfare state — it’s not. And we deserve better.