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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.” quote by Adam McKay
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“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.”

Adam McKay

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.

Key Takeaway

Policy capture persists over time.

Themes

Political economy Power dynamics Economic inequality Regulatory capture Historical continuity

Mood

Critical Skeptical Concerned

Type

Political commentary Economic critique Historical observation

When to use this quote

  • Legislative lobbying
  • Tax planning strategies
  • Regulatory negotiations
  • Public subsidy debates
  • Wealth tax discussions

Key Concepts

Tax policy Deregulation Entitlements Corporate influence Wealth concentration

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?
A Different Perspective

Some contend that New Deal policies primarily aimed to curb excesses, and that modern tax incentives are necessary for economic growth, not merely exploitation.

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