...favors by govt to big business), then why? ...would you want to give the government MORE power to grant favors to favored big businesses?
Dodd-Frank, for example, gives unelected government bureaucrats the power to determine who is and who is not "too big to fail." In other words, they have the power to determine who will be bailed out by the taxpayers, no matter what stupid risks they take.
You don't think this will lead to even more "crony capitalism" and improper favoring of one business (or industry) over another?
Dodd-Frank, for example, gives unelected government bureaucrats the power to determine who is and who is not "too big to fail." In other words, they have the power to determine who will be bailed out by the taxpayers, no matter what stupid risks they take.
You don't think this will lead to even more "crony capitalism" and improper favoring of one business (or industry) over another?