Why I Oppose the Bailout
Business • September 2008 • Views: 173
There are a number of reasons to oppose the bailout. Here are my top ones.
It isn’t necessary.
As University of Chicago economist Casey Mulligan points out, if there is no bailout, it’s Wall Street, not Main Street that will take the brunt of the punishment. This isn’t 1929, folks, and the non-financial sector of the economy seems to be doing fine. Why