Been Quote by Adam McKay
“Since FDR's New Deal, corporations and wealthy families have been non-stop finding new ways to get tax breaks, deregulation and entitlements from the government.”
About This Quote
The quote argues that since the New Deal era, powerful economic actors have continuously exploited government policy to secure financial advantages, often at the public's expense.
In simple terms: Powerful groups manipulate policy for gain.
Policy capture persists over time.
Themes
Mood
Type
When to use this quote
- Legislative lobbying
- Tax planning strategies
- Regulatory negotiations
- Public subsidy debates
- Wealth tax discussions
Key Concepts
Practical Applications
- Policy reform analysis
- Advocacy strategy design
Questions to Reflect On
- How can democratic institutions better resist capture?
- What mechanisms can ensure equitable tax distribution?
Some contend that New Deal policies primarily aimed to curb excesses, and that modern tax incentives are necessary for economic growth, not merely exploitation.