So I tell the right-wingers at Townhall. It’s not just regular Joes (and Austrian economists) who oppose the Paulson bailout. Even Newt Gingrich was going nuts about it on Sean Hannity’s show the other day. Anyway, an excerpt from my article:
The free market is a superior economic system to central planning. This superiority demonstrates itself during normal times but especially during an economic crisis, when resources must be rearranged before regular growth can resume. By embracing massive corporate handouts and other socialist measures, the Bush Administration discredits capitalism and delays economic recovery.