The Corner
Treasury Secretary Henry Paulson is making better moves for the economy than President-elect Barack Obama by calling for federal assistance for credit card and student loan debt instead of a bailout for automakers, who won’t be competitive until they cut down their employee compensation packages, writes Larry Kudlow. Two future leaders of the Republican Party, Govs. Bobby Jindal (La.) and Tim Pawlenty (Minn.), are right to dismiss the suggested distinction between “traditionalists” and “reformists” within the GOP, writes Yuval Levin.
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