Friday, September 26, 2008

It is the Government Ironies

H.D.S. Greenway writes in Boston Globe “there are ironies heaped on ironies….the United States has touted free markets as the holy grail, and even liberal democracies have been excoriated by Washington for not wringing out their last vestiges of socialism. Today, however, much of the US economy is about to be run by the central government, which is supposed to be where socialism went wrong. Today, China is looking to the United States for inspiration on what to nationalize rather than privatize”.

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