The economy was the top issue of the election. Now, with the election over, it’s time for policy makers to focus on improving the economy so we are not dragged further downward. Yet, getting anything done in Washington, D.C. before the end of year may be next to impossible, considering the Senate is expected to remain in recess until November 17th, when it will return for a lame duck session, and the House has adjourned for the year and will not return until after the New Year, unless the Speaker calls them back.
In the meantime, Americans are still reeling from the markets’ wild rides and the legislative bailout bill, something many financial experts and political commentators think was not the right answer and was hastily passed amidst scare tactics.
Quin Hillyer, senior editor of The American Spectator magazine and associate editor of The Washington Examiner, called the bill “an atrocity, an utter derailment of the Madisonian tradition (limited government). It was the work of bullyboys, of two-bit legislative gangsters, not of statesmen.”
Recently, Mr. Hillyer joined CFIF’s Renee Giachino to discuss the bailout, massive interference by the government in the financial market, and who’s to blame for current economic troubles.
What follows is the interview originally heard on "Your Turn - Meeting Nonsense With Commonsense" on WEBY 1330 AM, Northwest Florida's talk radio…[Listen to the interview here.]