"'Deregulation' is wonderful until we discover what happens when regulations aren't issued or enforced. Everyone is a capitalist until a private company blunders. Then everyone starts talking like a socialist, presuming that the government can put things right because they see it as being just as big and powerful as its tea party critics claim."
E. J. Dionne, Jr., in The New Republic casts his gaze toward the oil hemorrhaging in the Gulf of Mexico.
Saturday, May 29, 2010
"The Product of Our Own Contradictions"
Labels:
2010s,
Dionne,
economic history,
energy,
environment,
Louisiana,
Obama,
politics
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