Thoughts at The American Thinker:
For many decades, the American dream has been undergirded by the faith that regardless of its current state, the economy would come back around thanks to the greatness of ordinary people being free to do extraordinary things. Thus the bold gunslinger mentality many business owners have had in previous recessions, refusing to participate, and even expanding cheaply to grab market share in the next recovery.
But it’s different now, and there is no denying it. The dream itself is being killed by legal and regulatory micromanagement. Washington is determined to employ policies to cure something that can be cured only by government getting the hell out of the way.
A small business summit in the White House will accomplish nothing unless the invitees include unions and lawyers and bureaucrats, in which case it will be devastating. When did a union or a lawyer or a bureaucrat ever start a business? How many times a day do they kill one?
And that’s the climate entrepreneurs see. Unions, lawyers, and bureaucrats gain more power and leverage every day. The big opportunity now is to spend government money: an eighteen-million-dollar government contract to create an awful Recovery.org website, SEIU union jobs in ObamaCare, bankruptcy lawyers, and perhaps carbon credit trades coming. There are ACORN-style crony contracts to be had, not to mention all the jobs created by the David Axelrod astroturfing media escapades. If you are connected or if your dream is to enrich yourself by killing the dreams of others, then the field is ripe for you.
Ayn Rand saw this coming.