F.H. Buckley of George Mason University Law School has an interesting piece which makes the case that if we had a parliamentary system like Canada we could have avoided a downgrade in our credit rating last August.
As someone who was born in Canada and subsequently had the opportunity to see the inner workings of the House of Commons (as well as Westminster in London) I think there are considerable merits to a parliamentary system. But with that said, I don't believe a parliamentary system would have prevented Standard & Poors from taking action against the United States.
To read the rest of this post, please check out The Spectacle Blog.
Thursday, October 13, 2011
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