Tea Party vs. Occupy Wall Street

Cato’s Tom Palmer discusses the Occupy Wall Street movement and the Tea Party in a debate with The Nation’s Peter Rothberg at PolicyMic:

The Tea Party has a coherent message: Stop the bailouts, stop the cronyism, and stop swindling today’s voters with empty promises and sinking future generations under mountains of debt…

What caused the crisis, the indebtedness, the unemployment, the stagnation? The culprits are state agencies and enterprises, including our Federal Reserve…

The Occupiers have the wrong address. The subprime crisis was designed in Washington, not New York…

Government debts and printing-press money will harm future generations. It’s unfair. It’s immoral. And it’s going to be solved not by occupying Phoenix, or Wall Street, or Atlanta, but by demanding that spendthrift politicians stop the bailouts and the cronyism, put the brakes on spending, and pay attention to a truly radical concept: arithmetic. Those are sound Tea Party values.

Read the full article: “Who Should Americans Support: the Tea Party or Occupy Wall Street?