Word: absolutist
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Dates: during 2010-2019
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...venture capitalist is sharper when it comes to the economy, a topic squarely in his wheelhouse. The best way for government to stimulate the economy, he argues, is to promote a favorable climate for innovation and then get out of its way. But he's not an absolutist when it comes to government meddling in the markets. Though he denounces the bailout of Detroit carmakers, Romney is a backer of TARP, though he couches his position with a caveat that protects his right flank. "Secretary Paulson's TARP prevented a systemic collapse of the national financial system," he writes. "Secretary...