LIBERTARIAN: Of course, no bailouts for anyone, anytime, anywhere

Wednesday, November 1, 2017

http://www.economicpolicyjournal.com/2017/10/a-potential-alliance-between-socialists.html

THURSDAY, OCTOBER 26, 2017
A Potential Alliance Between Socialists and Libertarians Over Puerto Rican Government Debt 

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The debt in question is debt run up irresponsibly by past Puerto Rican governments. Every hardcore libertarian would, of course, support default on this debt rather than have the decent people of Puerto Rico or US taxpayers bailout the owners of this debt. From a libertarian perspective, this should be the position on all government debt.

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Why should the taxpayers pay?

Clawback from the politicians and bureaucrats!

Argh!

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