Obama's Takeovers

Kevin Glass | September 23, 2009 3:18 PM

David Boaz at Cato reflects on how Barack Obama is tired of people saying that he's taking over the economy.

He just wants to use government money and government regulations to extend political control over all these sectors of the economy. And the more political control achieves, the more we can expect political favoritism, corruption, uneconomic decisions, and slower economic growth.

Boaz lists health care, energy, local schools, banks, insurance companies, automobile companies, compensation at financial firms, newspapers, and the internet as sectors Obama has exerted his control over. Obama is also taking aim at higher education. What else is on Obama's "command and control" list?