We're All Socialists Now?
Time to take a step back: A Republican President just sent out his Treasury Secretary to announce the federal government will spend “hundreds of billions of dollars” to takeover a not-insignificant chunk of the economy.
However, is this socialism or simply realism?
And, by the way, I give Bush A LOT of credit for doing something that’s so diametrically opposed to his own economic philosophy. He should be commended for not blindly adhering to his free market ideology.