Now, we hear that the putrid job situation -- kept at an illusory 9 percent through an exodus from the job marketplace -- has nothing to do with instability created by regulatory overreach in various departments of government. It has nothing to do with a $1 trillion federal deficit or a $14 trillion debt hanging over the entire economy. And it's got absolutely nothing to do with a new health insurance mandate that brings higher taxes and costs with every new hire a company undertakes.
If this were true, the administration wouldn't have had to grant more than 700 waivers -- 40 percent to unions representing only 7 percent of the private work force of the nation -- to help companies avoid the regulatory burden and cost of Obamacare even before all the goodness trickles down to the common man. These entities will be very grateful, no doubt.
But do we want more corporate welfare or less? Do we want more subsidized industries or fewer? What Obama has been championing might work for GE, but how it would work for the rest of us is a mystery.