There is no market failure. Most small businesses can get access to capital loans. Yes, there are people who do not have access to capital, but it's mostly because they have a bad idea.
Wasteful spending is wasteful spending. The Republicans need to return to their message that being compassionate is doing what it takes to implement a system that works.
At some level it makes sense that the federal government should help, but there should be a lesson. People who have behaved in a completely irresponsible way by not taking any insurance should lose something.
I'm not surprised at the students. I am surprised by the reaction of the French government, which is able to say we are doing this to resolve the unemployment issue.
If everything else grows super-fast, and such a small portion of the budget grows at 1 percent, big deal.