The activities of the Bush and Obama Administration Suggest that Neo-Liberalism has Never Existed

Excerpts from the Paper

As the present economic crisis unfolds, the activities of the Bush and 
Obama
 administration suggest that Neo-Liberalism has never existed. If Neo-Liberalism believes in allowing the private sector to control the skies of trade, then the American government’s days of bailouts were dark days for this ideology. Democratic presidents Franklin Roosevelt and 
Barak
 
Obama
 have bought control of banks and auto manufacturers to save them from collapse, which is mirror opposite of the free market agenda of Neo-Liberals. Their stern, rough-and-ready attitude of let-the-markets-decide does not seem to fly when the chips are down. This is probably because the political consequences of allowing such large corporations to fail would mean more job...

.....nitch
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