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Politics : View from the Center and Left
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To: Snowshoe who wrote (93368)11/3/2008 11:33:14 AM
From: Sam  Read Replies (1) of 541851
 
The US is most definitely not Argentina. Or Venezuela.

But your previous post that said that Washington and state capitols will be hostile to laissez faire economics is true enough, IMO. There are many ways to be hostile to that notion, and a number of them will be destructive. We have to hope that an Obama administration will manage to avoid most of the destructive ones. He has not shown any propensity to adopt "radical" notions, either with his proposals or his choice of advisers. Laissez faire in the sense that people like LB mean it is itself destructive, IMO, not to mention an illusion. The issue isn't regulation or no regulation, but the right degree and manner of regulation. It isn't easy, and there will be missteps, but hopefully an Obama administration will be intelligent about it.
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