Wednesday, October 28, 2009


Heading to this conference tomorrow to hear from some people who think that inflating asset bubbles isn't necessarily the only thing that can be done.

I don't quite agree Trumka that we don't have an industrial policy. People on both left and right say this, and what the left means is we have a crappy industrial policy and what the right means is let's just pretend we live in free market fairy land where the government isn't doing anything to prop up various sectors through subsidies and wars and whatnot.