Of Interventions and Conservative Principles
From Discourse DB
This is an opinion item.
| Author(s) | Donald Luskin |
|---|---|
| Source | National Review |
| Date | September 23, 2008 |
| URL | http://article.nationalreview.com/?q=ZDNkOTc5ZTY4YTlkMDkyMDY3MmI1NTk5ZjZmZDkxY2U= |
| Quote | "And if the Treasury’s authority were scaled down to something more in proportion to the size of the asset market it claims to address — say $350 billion — must that authority be granted all those dollars at once? Couldn’t we start with $100 billion and see how it goes, and go back later for more if necessary?"
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This item takes a mixed stance on the position United States should bail out the banking industry on the topic Economic crisis of 2008.