Where are the jobs?

Expanding small business is the kick start needed for recovery, but the President if focused on big business. He bailed out the auto industry and Jeffery Immelt of GE is one of his advisers.

President Obama is big government, central control kind of guy. He thinks the market needs to be ruled by logic instead of the whims of the masses. Progressives like Obama think that intellectuals can steer the economy to a better outcome. To achieve his managed economy requires levers of control.

We don’t live in a dictatorship. Our government was set up to prevent the big government style of Barack Obama. He must find other ways. In the past, liberals have used a variety of ways. They controlled the Congress and the courts for years, but their hold on those institutions have been in a slow decline since the Reagan era. I believe Barack Obama wants a new form of control. It’s not socialism or Marxism. It’s called  “corporatism” which seeks to control society by controlling the companies that citizens work for. Social policies and intrusions into the free market can be hidden behind a corporate wall instead of being implicit as they are with laws.

For President Obama point of view, corporatism brings many pluses.

1. Big business hires union workers
2. Union workers support big government managers like Barack Obama
3. Big business is run by a few elites
4. Control over social policy
5. Control over free market

The government is there for big business. We have devolved into a system where profits are private and corporate losses are socialized. GE paid no taxes, but got a huge bailout the year before. Mr. Obama is ready to bailout any politically correct business that is too big to fail.

It’s a simple relationship. Big business elites implement policies preferred by big government elites. In return, big government imposes regulations that only big business can afford and is there to bail them out when they fail to run a sustainable business. This relationship has hurt small business by making it more difficult to comply with regulations and more expensive to add employees. The results are evident in slow growth and extended unemployment.

It was government working with big banks to give out risky mortgages that created the mortgage bubble. It is the cozy relationship between big business and big government that keeps the economy from rebounding.

“Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.” — Benito Mussolini

 

 

 

You can leave a response, or trackback from your own site.