Of Interventions and Conservative Principles

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This is an opinion item.

Author(s) Donald Luskin
Source National Review
Date September 23, 2008
URL http://article.nationalreview.com/?q=ZDNkOTc5ZTY4YTlkMDkyMDY3MmI1NTk5ZjZmZDkxY2U=
Quote
Quotes-start.png "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?" Quotes-end.png


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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.