Politics

Fascism returns to Europe disguised as populism.

"Nor was the National Socialist  program for a welfare state mere empty rhetoric.  In his book, Hitler’s Beneficiaries: Plunder, Racial War, and the Nazi Welfare State, Gotz Aly argues that Hitler created “a racist-totalitarian welfare state” that showered munificent benefits on the lower and middle classes and on farmers.  Living standards for these groups remained elevated almost until the end of World War 2.  The Hitlerian welfare-warfare state was paid for by punitive capital gains taxes on corporations, a 50 percent surcharge on all wages (50% of which was paid by 4% of the highest wage earners), and, during the war, by the plunder of Jewish property and conquered countries."

Sounds a lot like the US.

Obama's approval rating hits new low.