This morning on C-SPAN’s Washington Journal, a caller asked Rep. Jeb Hensarling (R-TX) how Republicans would solve the current economic crisis. He replied by insisting that the best cure was more tax cuts, and said that recessions are simply “part of freedom”:
I don’t think we can figure out how to outlaw recessions any more than we can outlaw tornadoes or outlaw hurricanes. … Economic growth has never gone in one straight line up. It goes in a zigzag line. It’s a part of freedom. Sometimes freedom can be messy. Sometimes freedom has reversals. But it certainly beats the alternative.
As another conservative luminary once pointed out, “Freedom is untidy.” Of course, recessions are hardly the property of free countries alone; the economic crisis has hurt plenty of autocratic countries as well.