Dang it. She stole mah thunder.

But, since I'm a scraggly, no talent hack and she's a conservative brainiac hottie, I'll direct you over there:

"This is the problem I've had all along with those who worship at the altar of Our Lady of the Perpetually Expanding Business Cycle: sooner or later, every business cycle goes bust. We can kick the can down the road a bit, but we can't prevent the inevitable from happening.

That being the case, is it good public policy to regulate away the pain for so long that people become overconfident and behave as though the "bust" part of the boom and bust cycle will never happen?"

'Moral hazard' defined.