Tag Archives: Bailout
Beltway Illogic: The GOP looses the stimulus battle in the court of public opinion
Contrary to political punditry’s consensus, the unity with which the Republican Party opposed the stimulus bill will hurt their party. After the bill passed without a single House Republican and with only 3 “defecting” Republicans in the Senate, it was … Continue reading
Moral Hazard is Unaddressed in the Bailout
The bailout plan failed yesterday, and like everyone else I have been following it very closely. Yet I have not heard anyone mention what in my view is fundamentally wrong with the bailout plan, an inherent flaw that has doomed … Continue reading
