domingo, 9 de novembro de 2008

Conhecimentos errados

"The trouble with the world is not that people know too little, but that they know so many things that aren't true."--attributed to Mark Twain Easy answers are seldom correct ones. That principle seems to be at work as the nation struggles to discover the causes of the financial crisis now rocking the economy. Looking for a simple and politically convenient villain, many politicians have blamed deregulation by the Bush Administration. ... presidential candidate Barack Obama asserted in the second presidential debate that "the biggest problem in this whole process was the deregulation of the financial system." But there is one problem with this answer: Financial services were not deregulated during the Bush Administration. If there ever was an "era of deregulation" in the financial world, it ended long ago. And the changes made then are for the most part non-controversial today... A False Narrative. In the wake of the financial crisis gripping the nation, it is tempting to blame “deregulation” for triggering the problem. After all,if the meltdown were caused by the ill-advised elimination of necessary rules, the answer would be easy: Restore those rules. But that storyline is simply not true. Not only was there little deregulation of financial services during the Bush years, but most of the regulatory reforms achieved in earlier years mitigated,rather than contributed to, the crisis. http://www.heritage.org/Research/Economy/upload/wm_2109.pdf

Nenhum comentário:

Postar um comentário