From the Democratic party comes the familiar outline of bipartisan "compromise": if Republicans want to spend $500 billion on a bailout, Democrats want $500 billion more for homeowner relief, infrastructure construction, and relief for hard-hit states and cities. Great -- let's just make it an even trillion. We'll be long gone before the victims -- our children and grandchildren -- find out how we stabbed them in the back, even as we hollowly claimed to "love" them.
The Division of Labor
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Entrepreneurs, prices, and profit-and-loss coordinate the division of labor
that makes prosperity possible.
20 hours ago
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