In an interview published in The Economist, Saturday, the president claimed that his policies have generally been friendly towards business, adding that he understands why they might be a little frustrated with his onerous regulations.
Via The Hill:
“They always complain about regulation,” Obama said of business leaders. “That’s their job.
“I would take the complaints of the corporate community with a grain of salt,” he adds. “If you look at what our policies have been, they have generally been friendly towards business.”
He went on to boast, “I think you’d have to say that we’ve managed the economy pretty well and business has done OK.”
No doubt the president would give himself “a solid B+” on the economy.
But under his stewardship of the nation’s economy, the government has intervened in the private sector in an unprecedented and sweeping fashion – and not everyone in the “corporate community” have benefited from his policies. That’s the main feature of his regime of crony socialism – when the government picks winners and losers, you’re going to have a lot of unhappy losers.
No president has done more to channel subsidies, contracts, grants and other taxpayer-funded incentives to his friends, campaign contributors and political cronies than this president.
Crony Socialism is in fact at the heart of the president’s signature achievement, ObamaCare, with pharmaceutical giants and health insurance companies benefiting from the law’s kickback schemes.
Other examples of Obama’s crony socialism via Seton Motley at Red State:
Obama Donor’s Firm Hired to Fix Health Care Web Mess It Created, Obama Crony Wins Contract to Give Phones to Jobless, Obama’s United Auto Workers Bailout, and 80% of DOE Green Energy Loans Went to Obama Backers.
Obama’s Fingerprints All Over IRS Tea Party Scandal, IRS Tea Party Intimidation an Echo of Raid on Gibson Guitar, Stats Demonstrate That Chrysler Dealers Likely Shuttered on a Partisan Basis, President Obama On His NLRB’s Boeing Lawsuit.
Among the politically disfavored who consider Obama’s policies to be “unfriendly”, are small businesses – 69% of whom say Obama’s policies have hurt them.