BrianZach

Take a Stand Against Government Spending

Let's prevent a complete economic meltdown first, then we can debate about the moral hazards.

You can complain all you want about government spending, but the economic costs of letting another financial institution go under or even is greater than the cost of bailing out.

There are few instances where it makes sense to do deficit spending , and this is one of them. We can save the ideological battles for another day.

Is One Automaker Default Almost a Sure Thing?

The government will and should help bail out the automakers, if they have a sound plan for restructuring.

Its nonsense to think that one of these companies can just disappear and the economy can be running smoothly. It will have huge ramifications across the country, and will hurt the GDP much more than the cost of the bailout. Not to mention that you will give up on any chance of the US regaining its leadership in the auto market.