Friday, June 15, 2012

Another Home Truth

John Hinderaker goes a-fisking:


Next Obama becomes even more disingenuous than ever:

Now, Governor Romney and his allies in Congress believe deeply in the theory we tried during the last decade, the theory that the best way to grow the economy is from the top down.

No Republican of modern times has ever argued that “the best way to grow the economy is from the top down.” Rather, it is fundamental to conservatism that growth comes from the bottom up. Conservatives believe that innovation comes from small businessmen, not Washington lobbyists and big-company CEOs. Conservatives believe that decisions made top-down–”I know, let’s invest billions of taxpayer dollars in Solyndra!–are likely to be bad. Obama, here, is taking on a straw man; but it is a straw man that looks a lot like Barack Obama.

Exactly. Really big businesses don't much care who is in the White House, because, in the main, they can find ways to protect themselves from the depredations of government. In fact, some big-company CEOs prefer a large, intrusive government, especially when regulatory compliance hampers the efforts of smaller, more nimble competitors.

A lot more at the link, as you'd expect, and all of it is worth your time.

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