Government Managed Markets Don't Succeed
Economic theories abound in government and academia but the economy is complex rather than linear. The economy is consumer driven but consumers can be emotion driven and even outright fickle. Central government planners cannot judge and balance supply and demand as well as a free market can. A free market is based not upon a plan or theory but the individual actions of numerous individuals. Planned economies lead to waste due to shortages and excesses and the government has proven itself to be the worst predictor of what people want and need (look at green energy and electric cars). Government meddling such as bailouts end up benefiting the well-connected (look at bailed out executives appointed by Obama to top jobs). Also bureaucrats and politicians most often act to feather their own nests and buy votes leading to crony capitalism. It doesn?t matter which political party tries to play the game greed always finds a way to triumph. Obama has shown us his type of crony capitalism and we have not benefited as have his friends and pet unions. For America to succeed Obama has to go!
"A pen in the hand of this president is far more dangerous than a gun in the hands of 200 million law-abiding citizens."