selene

Which Candidate Will Get to Spend the $700 Billion?

Well-written, and certainly food for thought.

A quibble: I'm not convinced, Mr. Hutchinson, that a person of your evident intelligence and thoughtfulness really thinks that what is meant by "deregulation" is so "mysterious." You seem to understand "re-regulating everything" just fine by the end of your piece!

Maybe what's needed is not so much going back to the old regulatory framework pre-1999 as a new framework that will be flexible enough for today's markets but make it tough for bad actors to get away with gaming the system, or for compensation structures to reward actions that bring short-term personal reward out of proportion to the long-term risks, such as happened with mortgage securitization.