Wednesday, July 18

Barack Obama Still Getting Economics All Wrong

Barack Obama was off to a good start, in the sense that the answer was right in front of him. He "advocated for an "inclusive" market-based system." He's in luck, capitalism has been around for centuries. Nothing in the world has lifted more people out of poverty and cleaned our air and led to real human flourishing the way free-market capitalism has.

But then, Obama went further, "One, he said, that breaks up monopolies, encourages competition and maintains "some form" of progressive taxation." Oh no. Just when I had hope for him, he is still a redistributionist.

No comments:

Post a Comment