The Long, Steep Road Ahead - to Capitalism [View article]
Nice balanced article. In fact, government is irrelevant most of the time, as the article implicitly points out, and when it's relevant it's usually negative. Greed causes economic ups and downs, and it's best if laisse-faire is practiced. What the government did with the bailout is a crime. They should have continued their 'piece meal' approach which was tried since 2007 with OK results. They flinched and we are paying for it.
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Nice balanced article. In fact, government is irrelevant most of the time, as the article implicitly points out, and when it's relevant it's usually negative. Greed causes economic ups and downs, and it's best if laisse-faire is practiced. What the government did with the bailout is a crime. They should have continued their 'piece meal' approach which was tried since 2007 with OK results. They flinched and we are paying for it.
Nov 06 17:14 pm
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All Comments by Ray Lopez »The Long, Steep Road Ahead - to Capitalism [View article]