Mr. Obama, as his party’s front-runner, leads the way when it comes to reckless economic proposals. He claims that he wants to “re-open” trade deals (which is code language for saying that he wants to raise trade barriers). He wants to “regulate the profits” of oil companies (can we say “raise taxes on oil companies?”). And he wants to raise taxes on “the rich.” But Obama doesn’t simply want to tax the earnings of “the rich.” It would appear that, ultimately, Obama intends to tax people on their capital - - as if this would really assist his agenda of stopping American businesses from “shipping jobs overseas.”
Mrs. Clinton has argued for her expansive child welfare policies, claiming that without them, America’s kids won’t be ready for the “global marketplace” of the future. Yet at the same time, she rails against economic globalization and claims that we can prevent it. As for small business ownership, Mrs. Clinton has vowed that in her administration, government contracts will be awarded more fairly to women-owned small businesses - - a great way to take a serious economic concern and reduce it down to gender politics.
Mr. Obama has, of course, made “change” a central theme of his campaign. After ignoring this theme for a time, Mrs. Clinton eventually got on the bandwagon and assured us that she is for “change,” as well.
But while both Democratic presidential candidates promise “change,” they speak as though it is actually possible to avoid the very “change” that is naturally and intrinsically a part of our free market economy.
Indeed, attempts from government to stave-off this kind of change have proven disastrous time and again. Will Americans remember this in November?
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.