Interventionist Blind Spots

by Jacob G. Hornberger
Oct. 16, 2010

Washington Post columnist David Ignatius is saying that interventionism just isn’t getting the credit that it’s due. He’s pointing to the “successful” government bailouts of the automobile and banking industries. Thanks to the bailouts, he says, the banks and the auto companies are getting back on their feet and might even repay most of the taxpayer money that was provided them. He’s also saying that the bailouts saved America from being plunged into another gigantic Great Depression.

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