We’re the Feds: How to Keep Hooverism from Hocking the US

firedoglake.com — Krugman underlines the outbreak of Hooverism in state budgets. States can't tax, because corporations and the wealthy can move their point of presence for the cost of a tax break and a post office box. Part of Reagan's plan was what cartoonist Feiffer presciently called "The New Feudalism." Smaller, weaker, government entities are easier to