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Wednesday, April 28, 2010

A Loss of Faith in Government

At CBS MoneyWatch:

A Loss of Faith in Government, by Mark Thoma: I'm at the Milken Global Conference, my third, and I've been trying to detect changes in the attitude of participants, changes in the program, etc. relative to the past two years now that we've moved from recession to what appears to be the beginning of a recovery.

One of the biggest changes I've noticed, and this goes beyond the conference, is the attitude toward government. Republicans have always targeted government as inefficient, bloated, a threat to liberty, and so on, but this is different. The criticism and contempt for government is more widespread, and it's gone beyond a party slogan. Even with many accomplishments under its belt, e.g. health care legislation, and even with the perception of moving forward on immigration, financial reform, and climate change legislation, government is still viewed as ineffective, irresponsible, and unresponsive to people's needs. ... [...continue...]...

    Posted by on Wednesday, April 28, 2010 at 03:06 AM in Economics, MoneyWatch | Permalink  Comments (92)


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