Phil Gramm Trips Over Milton Friedman Facts

At an event in Austin last week, former Sen. Phil Gramm, who advised Sen. John McCain’s (R-Ariz.) presidential campaign on economic issues, praised economist Milton Friedman’s ideas about sweatshops and all-volunteer armies, but tripped over the basic facts of the conservative thinker’s biography.

¡Viva Socialismo!

Politico’s Jonathan Martin nails the headline:

We’re All Socialists Now

Time to take a step back: A Republican president just sent out his Treasury secretary to announce the federal government will spend “hundreds of billions of dollars” to takeover a not-insignificant chunk of the economy.

From USA Today: