How to Fix the U.S. Economy? Stop Tinkering With It!

Richard W. Rahm's column in the Washington Times nails it. From creating too much easy credit to creating artificial scarcities of important commodities to over-regulation, government meddling gets it wrong all too often. It's a credit to American ingenuity and entrepreneurship that this country creates so many small businesses each year despite all of the obstacles that continue to be placed in the way.

Are there any candidates running from either major party who understand this? Doesn't seem that way, although McCain promised that he would work to make the Bush tax cuts permanent.

One of the giants of this or any other age, Milton Friedman, has died.

Godspeed, Milton.

Update: Instapundit posts a link to more praise here.

Plenty of new climate change stories hit the web tonight, including "Tempest erupts over hurricanes: Global warming debate at conference spawns name calling", "Appalachians Triggered Ancient Ice Age", and--you knew there had to be a motive for all these politicians clamoring over global warming--"Pay up--or the planet gets it".

Not to be outdone, Al Gore makes an appearance in another story from the UK.

H/T: Free Republic and the ever vigilant Matt Drudge.