When people respond to the claim that Obama is not friendly to “business” they normally start with something like… ‘How can you say that? He (Obama) bailed out the banks, the auto makers and the insurance companies!’ If you claim he is anti-small business, they will point to one of the dozens of tax credits he has given to small businesses. When you say his health-care “reform” is socialist, they will respond (correctly) that he has not socialized it at all – but has given the insurance companies millions of new customers. These answers miss the point, but that is because the question has not been posed correctly.
There are really two kinds of “capitalism.” One of these is a laissez-faire capitalism, and one is “crony capitalism.” As well, one of these leads to prosperity and plenty – the other to misery and woe. One to freedom… one to serfdom. Our country has been drifting further and further toward crony capitalism for the last 100+ years, Obama has just been initializing the final steps.
Lets start with laissez-faire
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