Ditch the red tape: Let private credit fuel America's future

The constant attacks coming from the Left on capital markets and the wealthy are bad for America. Instead of celebrating entrepreneurs and investors as job creators bringing about public goods, they’re derided as “malefactors of great wealth,” just as they were in the time of President Teddy Roosevelt.

It’s time the parasites of the public square started to appreciate the role these people and institutions play in keeping America healthy, wealthy, and strong. Take the issue of private credit, which has recently come under attack by academicians and other so-called deep thinkers as a drain on the system.