President Barack Obama recently uttered one of the most frustrating angering and mind-numbingly uninformed things ever extruded by a government official.
ObamaCare is in the midst of its gi-normous historic inevitable fail - taking down with it the entire health insurance industry and large swaths of the broader private sector. And the man who led the demand that government do this said of the rolling slow-motion train wreck:
What were discovering is…insurance is complicated to buy."
Spoken like a man who has spent almost zero time in private productive employment. And who described his very brief tenure in private productive employment as being:
Like a spy behind enemy lines…."
The President doesnt like the free enterprise system. He fails utterly to understand it. (And/or all of this wreckage is intentional - but thats another essay.)
So with the 2014 elections looming we read things like:
Are Democrats Really About to Start Calling for Obamacare Repeal?
To which the President responds:
Were not repealing it as long as Im president"
The President and his Democrats demanded we drastically over-regulate the financial and banking sectors with Dodd-Frank. And when it inevitably goes terribly wrong:
36 Dems Go Against Obama Support Dodd-Frank Change
Yet the President remains impervious to facts:
White House Threatens Veto Against Dodd-Frank Change
Senator Obama promises before he is elected President:
(I)f somebody wants to build a coal plant they can its just that it will bankrupt them....
And then as President:
EPA Regs Have Closed More Than 300 Coal Plants
Its almost as if he didnt know coal generated about half of our nations electricity in 2009. Or maybe he did. Where was he planning to plug in all those Chevy Volts?
Under Obama Oil and Gas Production on Federal Lands Is Down 40
Senate Dems Urge Obama to Approve Keystone XL Pipeline
We could do this all day. This Administration has been all-encompassing in its anti-private sector push. Joined by Democrats everywhere - until elections forced them to begin to acquiesce to Reality.
Upon this Administrations Inauguration arguably the freest faction of the free" market was the Technology sector. Which is why the wired and wireless Internet Revolution has delivered unto us a free-speech free-market Xanadu.
Nothing has made the First Amendment more horizontal than the World Wide Web. No longer does one need to cede speech to the pro-government media - just start a blog speak your mind and spread the word. Find like-minded others - and start assembling. The Genesis Exodus and Deuteronomy of the Tea Party all took place on the Net.
The omni-directional dynamism of the Internets economic impact is already huge - and only in its new-born infancy. Its so new we do not have but the merest inkling of all the wonderments to better our lives that will emerge.
Which is why it is vitally important we do not over-regulate or micromanage it. Even the tiniest of government interventions warps and truncates its evolution - depriving us of What Might Have Been. The World Wide Web is our oyster - government seals it off and preempts the pearls to come.
So what (amongst other things) does the Obama Administration do to the Tech sector?
- Impose Network Neutrality.
- Impose cell phone price caps.
- Impose prison phone call price caps.
- Time and again micro-manage cable TVs channel placement.
- Contemplating the imposition of anti-free market rules for said auction (which is probably why it asked Congress to insert it even though we know itll only make things worse).
