“Let me be represented as one who trusts his senses, who thinks he knows the things he sees and feels, and entertains no doubts of their existence.” -- Bishop Berkeley
Wednesday, February 17, 2010
Great Post from Matt Welch
Given that federal regulatory spending vastly increased during the Bush administration, how, exactly, was deregulation the problem causing the "Great Recession"? As Matt wisely notes, this does not mean that certain deregulations were not harmful, but it does make the overall thesis appear very weird.