When President Obama thinks of businessmen, naturally, he thinks of those of who make their money by partnering with government and eschewing the free enterprise thing.
That’s why Obama’s jobs czar is Jeff Immelt, who heralded government’s role as an “industry champion,” and whose company, GE, spends more on lobbying than any other company while profiting from subsidies, bailouts, mandates, and regulations in industries ranging from embryos, to trains, to methane, to windmills.
These aren’t what I would call exemplars of the productive class. They are people that make money without necessarily creating value. If these are the liberals’ ideas of capitalists, I can’t blame them for distrusting capitalism.
That’s why Obama’s export czar is from a company, Boeing, that has a whole government agency dedicating a majority of its spending to subsidizing its jet sales.
And now Obama named two manufacturing czars: John Bryson and Gene Sperling.
Here’s what I wrote of Bryson when Obama nominated him for Commerce Secretary:
John Bryson was CEO of Southern California Edison; he’s a director at Boeing, Disney, and electric-car maker Coda Automotive; and he’s chairman of the board at solar energy giant BrightSource. All of these businesses rely heavily on government subsidies and government protection.
And on Sperling, I’ll let liberal Huffington Post blogger Dan Froomkin take it away:
These aren’t what I would call exemplars of the productive class. They are people that make money without necessarily creating value. If these are the liberals’ ideas of capitalists, I can’t blame them for distrusting capitalism.
