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Richard Wolff: US elites shift costs of decline onto ordinary people

US Vice President JD Vance announced that more than 700,000 American families had been removed from Obamacare, claiming they were fraudulent. American economist Richard Wolff commented that, following a historical pattern, when all empires go down, the richest and most powerful people at the top hold on to the wealth they have acquired and offload all the costs and pressures of national decline onto the middle and the bottom.

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