Privatization
simply hasn't worked for health care, mortgage banking, higher
education, or prison management. There is little incentive for
profit-motivated firms to invest in disadvantaged or underemployed
Americans. That's why taxes are necessary -- to provide for the common
good, and to return some of the gains from 60 years of productivity to
the great majority of Americans who contributed to our growth.
Unfortunately, the golden door on the Statue of Liberty seems to have an
invisible hand holding it shut.
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