Christopher Chantrill: Subsidies Have Consequences

The ruling class doesn't have a clue about business. To an Obami like Jay Carney, White House press secretary, the failure of corporate crony Solyndra is "just the way business works." You win some, you lose some. Only, of course, the way business works is that when you lose, it's supposed to be your money that gets lost. As Matthew Continetti points out, under ... MORE