I love Atlas Shrugged. The book promotes a kind of ideological purity that I would find difficult to apply, but I still admire it. This statement from the Ayn Rand Center for Individual Rights examines the real reason why Republican opposition to an auto bailout should be offensive:
A principled opposition to the auto bailout would have denounced as immoral any attempt to use taxpayer money to prop up failing companies. It would have insisted that such attempts at central planning are destructive and un-American. It would have said that the government’s proper function is not to engineer the economy, but to protect individual rights and otherwise leave the economy free. That is not what the Republicans claimed.It is a damning but accurate critique, and Republicans will continue to fail among many of their former supporters if they don't wise up.
“In his floor statement opposing the bill, leading Republican senator Mitch McConnell’s ‘stinging’ criticism consisted of finding that the bill ‘does not’ lay out ‘an effective strategy for securing the long-term viability of these companies,’ that it did not give the proposed ‘Car Czar’ enough power, and--the ultimate deal-killer for Republicans--the bill would have adjusted auto worker wage rates at ‘too slow’ a pace.
“The tragic fact is that Republicans do not regard central planning as objectionable--they merely disagree with the Democrats’ central plan.”
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