Daniel Hennninger has an excellent op-ed in The Wall Street Journal today. If you haven’t seen it, check it out. He nails the Obama administration’s greater flaws on the head.
The tremendous irony of the progressive movement is that they thrive on “good” causes. They love small business, but they do more than anyone to kill it (e.g., 1099 forms for expenditures meeting or exceeding $600). They care for the poor, but they do more than anyone to keep them poor (e.g., minimum wage). Their remedies for crony capitalism only exacerbate it (e.g., Fannie Mae and Freddie Mac). They profess their love of political freedom, but actively move to subvert it by dismantling economic freedom (e.g., forced purchase of health insurance).
Economic freedom is a necessary condition for political freedom. In the entire history of the world, there was never a nation that had political freedom without economic freedom.
Your good intentions are paving the road to serfdom. Or since you don’t like roads these years: Your good intentions are laying the high-speed rail tracks to serfdom. Quit breaking business — the engine of true progress.
In short: Don’t tread on us.