Editor, The Wall Street Journal
200 Liberty Street
New York, NY 10281
To the Editor:
Regarding "Nationalizing Detroit" (Nov. 10): How ironic is it that the gaggle of politicians now ascendant in Washington croak especially loudly about their 'courage' in standing up to corporate interests while they seek to force taxpayers to hand over $50 billion to private corporations? And how odd is their belief that the same businesses that these politicians are sure don't respond negatively to being taxed will respond positively to being subsidized?
Donald J. Boudreaux
Don Boudreaux is the Chairman of the Department of Economics at George Mason University and a Business & Media Institute adviser.