Sunday, Nov. 2, 2008
Who is responsible for the current economic meltdown? The answer is, without equivocation, the U.S. government. It is not that the government set up programs that helped poorer people buy houses beyond their means; it is that the government closed its eyes and let the unfettered free market do as it pleased. The people who hate government got into power and pushed this “government can do nothing positive” philosophy and systematically removed many of the regulations that have existed for 75 years as a result of the Great Depression.