This excellent article recalls an economic truism from the so-long-ago bailouts, best vanished down the memory hole: the "free market" is a rhetorical tool to delude the public and provide cover for cutting education, health care, pensions, etc., while businesses run to the nanny state with one palm upturned and the other clutching a copy of "Atlas Shrugged."
Or,
"'Free market is not always the same as pro-business,' said Barney Keller, spokesman for the conservative political action committee Club for Growth."
http://www.nytimes.com/2012/03/29/business/with-bank-teetering-a-bet-on-the-gop-backfires.html
No comments:
Post a Comment