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Unformatted text preview: simultaneously lowering high income taxes. They also admit that this may be widely unpopular with the majority of the protesters, but less lukewarm decision making may be the answer to revitalizing democracy. Without explicitly defining a solution (if we had one, we wouldnt have problems to begin with), the Economist advocates foregoing short term austerity for more medium term solutions. Some of this articles ideas are increasing the age of retirement, smartly making sure the rich pay taxes, and refurbishing the finance industry. Its this last one that I really think needs some change. Besides entrepreneurship, finance is the only possibility for almost unlimited profit. It also holds the possibility for almost unlimited loss, and when this loss hurts the global economy as much as in 2008, something needs to be changed.\...
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- Fall '11