“President Obama on Thursday slammed Republicans who are critical of a program that awarded the now-bankrupt solar-panel manufacturer Solyndra a $535 million taxpayer-backed loan guarantee, noting that Republican lawmakers have long supported subsidies for clean-energy initiatives.” (USA Today)
Republican hypocrisy doesn’t absolve Obama’s industrial policy.
FEE Timely Classic
“Immaculate Planners or Messy Entrepreneurs?” by Burton W. Folsom Jr.