I periodically try to explain that there’s a big difference between being pro-market and pro-business.
Simply stated, policy makers shouldn’t try to penalize businesses with taxes, mandates, and regulations.
But neither should politicians seek to subsidize businesses.
That’s why I’m against bailouts, subsidies, and other distortions that provide special favors for politically connected companies.
I have nothing against companies earning money, to be sure, but I want them to earn their profits in the marketplace rather than lining their pockets by using the coercive power of government to rig the rules of the game.
But I don’t just have disdain for companies that stick their snouts in the public trough. I also have little regard for the politicians that enable this sordid type of business by trading campaign cash for corporate welfare.
I realize that’s a strong assertion, but I can’t think of any…
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