Posted: October 04, 2008
1:00 am Eastern
Certainly. Those on the left who now, with unbounded glee, pen obituaries for the free market.
As our financial markets totter, as homes go into foreclosure, as Wall Street executives lose millions, as Americans have more and more difficulty getting loans, can anyone be happy?
One can sense their joy as they have, they think, the last laugh.
But, in fact, what we are watching is not a failure of markets, but the latest failure of the welfare state.