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Unusual Frankness from The New York Times

Posted By Conn Carroll On December 8, 2008 @ 1:43 pm In Economics | Comments Disabled

From the NYT [1]‘s write up on President-elect Barack Obama’s promised public works program:

Mr. Obama’s plan, if enacted, would be in part a government-directed industrial policy, with lawmakers and administration officials picking winners and losers among private projects and raining large amounts of taxpayer money on them.

Government picking winners and losers. That never goes wrong [2].


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URL to article: http://blog.heritage.org/2008/12/08/unusual-frankness-from-the-new-york-times/

URLs in this post:

[1] NYT: http://www.nytimes.com/2008/12/07/us/politics/07radio.html?bl&ex=1228798800&en=8a47220b90bc54e4&ei=5087%0A

[2] That never goes wrong: http://www.foundry.org/2008/09/30/morning-bell-a-financial-crisis-of-governments-making/

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