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Business

Some people never learn

New York Times: “Month by month, the discourse has gotten more primitive; with stunning speed, the lessons of the 2008 financial crisis have been forgotten, and the very ideas that got us into the crisis — regulation is always bad, what’s good for the bankers is good for America, tax cuts are the universal elixir — have regained their hold.”

We know what caused the eventual 2008 meltdown in our financial system, but we choose not to fix it.