Tonight Lou Dobbs was doing his usual rant about how the middle class is getting the short end of the stick here in America. Then, to my amazement, he blurts out: ". . . the country is being run be a bunch of free market idiots." What? Does he have any idea how high the federal budget is? Lou, it's in the trillions! Yes, trillions! Free marketeers like myself know that the two things that destroy wealth are taxation and regulation. Both Democrats and Republicans are guilty of spending like drunken sailors. It's anything but a free market.
The Republicrats are also piling on tons of regulations. Just ask any business owner how they love jumping through all those bureaucratic hoops each and every year. For God's sake, you need government permission just to occupy your building (Occupancy Permits issued by cities).
Lou, go enroll for a week long course next summer at Mises.org. Mises University will teach you all about free markets.
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