President in Repose
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- September
- 23
Poor old Dubya. I can’t imagine he thought he’d spend the twighlight of his Presidency like this. I’ve spoken to a few supply side republicans who are really torn about it. With the market meltdown came the need for government assistance, in order to keep the “free market” healthy. It seems that the vaunted Adam Smith/Milton Friedman principles are being sorely tested, as Wall Street (naturally) pushed the absolute limits of what a market will bear.
Without the bailout, the Tri-State area will definitely suffer economically. And with the bailout? Finally a region that supplies tax revenue for much of the rest of the country will actually get some back.
This entry was posted
on Tuesday, September 23rd, 2008 at 7:12 am by Matt Davies.
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