King Charles III coronation; America’s position in the world; a new documentary on Ukraine
Fareed Zakaria GPS
The Importance of Federal Subsidies in the Economy
In 1990, America's income per person was just 17% higher than Japan. Today, it is a staggering 54% higher. Sullivan outlines the need for federal subsidies in key areas either to maintain the technological lead or for national security reasons. But historically, these kind of interventions have not gone so well.
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