Market Correction

Hurricane Sam
19 May 2007

The Editor, New Orleans Times-Picayune

To the Editor:

So Sen. Hillary Clinton - lusting for greater power and expert in spending other people's money - is in New Orleans promising even more federal largess for the Crescent City ("Sen. Clinton unveils recovery agenda for New Orleans," May 19). Beware.

New Orleans will rise and thrive chiefly on its own people's creativity and enterprise. But money from Washington will only corrupt and enfeeble New Orleanians, and restrain their spirits and abilities with countless bureaucratic dictates. Once a ward of Washington, New Orleans will likely forever remain in that degraded condition.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Friday January 11, 2008 at 9:20am

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