Can We Have an Economy without Losers?

I’m getting the feeling that our government is trying to design an economy in which nobody loses.  Is it possible to have an economy without losers? I don’t think so.  

Despite President Obama’s attempts to transform what was a national credit party into a government rescue party, every economy has its share of losers.  Ours can be no different.  The government can intervene but by doing so, it will either make matters worse or at best shift the losses from one group to the next.  Unfortunately, it seems that the Obama economic and political teams have decided to rescue almost every economic loser they can identify, with little regard for reality and the long term consequences. Read more