“I don’t want to use the B-word. If what the airline industry says is true, then Congress really will have little choice to act or face a significant extinction moment for the airline industry.”
—Trump administration official, on March 12, apparently not realizing that bailout of the airline industry, hurt by the coronavirus spread (with apologies to Kris Kristofferson), is just another word for socialism.
“At a time when we need to be moving away from fossil fuels, federal resources should be going to renewables and efficiency, not propping up drilling. This is socialism for the fossil fuel industry.”
—Michael Gerrard, of the Columbia University Law School, on March 12, on Donald Trump’s desire to bail out oil and gas producers from falling oil prices.
“If you do it for some, then how could you not do it for everyone?”
—Heritage Foundation visiting fellow and informal economic adviser to the 2016 Trump campaign, on March 12, in noting a broader bailout would be tantamount to more widespread socialism.

