Trumponomics is replacing enterprise with dependence

Published August 29, 2019 2:59pm ET



Obamanomics was poisonous in that it made market profits harder to come by and government profits more plentiful. It denigrated the entrepreneur and empowered the lobbyist. It made it harder to do well on your own and made it easier to get by with a little help from your friends in Washington.

The state-led corporatism of President Obama bred business dependency on government, and now President Trump is doing the same.

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