Tuesday, September 30, 2008

Bootstrap Economy
JackDied posts his views on the recent housing market clusterpoop and highlights how government influence in the private economy creates problematic distortions.

If we were really in the mood for radical Change we'd move to blow up the FDR/Keynesian system that has created whole ranks of dependants engorged on economic largesse handed out by the governing political bureaucracy. Get rid of all manner of subsidies, tax benefits, and government assistance handouts to individuals and corporations. Get the government out of the business of picking winners and losers.

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