The ‘New’ Ownership Society

I don’t think government ownership is what President Bush had in mind when he talked about his vision for an “ownership society,” which had ostensibly included a plank focused on “expanding homeownership.” But it looks like that’s where we’re headed in an era of government takeovers and bailouts. Continue Reading...

Mea Culpa (or, How I Got Pwned By Public Radio)

Last night as I was driving to an appointment, I was listening to our local NPR affiliate here in Grand Rapids, and specifically to the show Marketplace. I happened to hear a story about how the government and economists were concerned that the money given to taxpayers via the “economic stimulus package” may actually be used for purposes other than retail spending, thereby not causing the intended “stimulus.” Not the first story of this sort that I’ve heard over the last few weeks. Continue Reading...