Monday, April 14, 2008

New Op-ed up at Fox News: Obama Bitter About Free Markets

My new Fox News piece is here:

But, while his left-wing economic views are much less well known, they show a similar pattern.

Obama also never seems to have found a market that can work without extensive government regulation. During Obama’s big economic address at the very end of March, little attention was given in the American press to his deep distrust of the free market and his laundry list of failures of deregulation.

From telecommunications to electricity to banking to accounting, he blamed the failures as a product of markets out of control, with not enough government regulations to rein in "an ethic of greed, corner cutting, insider dealing, things that have always threatened the long-term stability of our economic system." . . .

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