Are Bailouts Right-Wing or Left-Wing?
If bailouts are a left-wing phenomenon (they're government interference with the economy), then the recent Presidential election was a matter of a liberal Democrat replacing a moderate Republican. On the other hand, if bailouts are a right-wing phenomenon (they're aiming piles of money at the rich), then the recent Presidential election was a matter of a moderate Democrat replacing a conservative Republican.
The left-wing belief that Obama is a centrist but Bush was on the far right is not a matter of insanity but a logical consequence of the way they classify government actions, by goal instead of amount.
On the gripping hand, we must also consider avoiding bailouts in terms of practical politics. Is voting Republican or voting Democrat the way to avoid bailouts? I regret to say the answer appears to be “no.”
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