All Posts Tagged With: "Bush"

Getting in Deeper

In what the Wall Street Journal calls “a watershed moment for government intervention in the private sector,” the Federal Reserve announced in October that it will regulate executive compensation at all banks so they will not have incentives to take on too much risk. Meanwhile, the Obama administration said it would cut by half (on [...]

5Jan2010 | Sheldon Richman | 1 comment | Continued

Transforming America: The Bush-Obama Stimulus Programs

George W. Bush’s and Barack Obama’s “stimulus” programs will permanently transform the American economy. The market-based system that has produced unprecedented prosperity relies on profit and loss, which rewards individuals and firms that add value to the economy and penalizes those that detract value. The various stimulus programs undermine that system. My discussion will focus [...]

19Aug2009 | Randall G. Holcombe | 13 comments | Continued
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