Tag Archives: depression

Government Looks to Past, Free Enterprise to Future

With the benefit of hindsight, it seems that our leaders, in both the Bush and the Obama administrations, responded to crises and challenges all too often with measures that attempted to revive the old pre-financial crisis economy rather than with policies that would allow a new economy to grow.

As in Paulson’s comment, the thinking seems to have been that if we can just get things back in place, then we can attack the underlying problems. Continue reading

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