What, how can this possibly be true?
The answer is simple as the Cato Institute’s Dan Mitchell rolls out for readers.
Big business, including insurance and pharmaceuticals, supported Obamacare. And big companies are now supporting, as Dan calls it, the corrupt Export-Import Bank.
Big business is perfectly happy, as Dan writes, supporting higher taxes at least when the rest of us are being victimized.
The TARP bailout? Big business was all in on this debacle too.
As Dan Mitchell correctly notes, big business often is the enemy of genuine capitalism and free markets. “Big business can be as bad as big labor.”
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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