In a remarkable editorial in the Wall Street Journal, President Obama promised a reduction in the regulatory burden placed upon businesses. Do we believe him?
I used to think that for all his faults, Obama was at least sincere, not cynical. Unlike Bill Clinton, who would lie when the truth would work better, Obama has given the appearance of believing in his principles. Until now.
Forgive me, but people who spend two years dissing business and insulting the rich do not suddenly find religion and praise the very people they found evil only months before. Obama’s butt-whooping at the polls in November may have sobered him up, but I doubt he has quit drinking.
The President realizes, or says he realizes, that capitalism is the fount of the greatest prosperity the world has ever known. Well, the words are right, but the qualifiers betray. Making a better bureaucrat is like making a better serial killer–we have to wonder just what “better” means. Images of a more neatly groomed crime scene come to mind–all the trappings of goodness masking a site of destruction.
We are told that regulations need to be smarter. I disagree. Like stray cats, they need to be neutered. Even if I were to believe that Obama has sincerely changed his mind about business, I would not be excited. The gargantuan cobweb of regulatory insanity we now live within is far beyond his presidential reach. Regulators regulate. That’s what they do. Like the story of the frog and the scorpion, the end is always the same–things behave according to their nature.
Let us note that we have heard our President. Let us also grant that there is at least a sliver of hope that he is sincere. Then let us get back to our real work–rolling back the regulatory state. We cannot sit idly by while a President, Obama or otherwise, makes speeches to placate business. We must relentlessly dog our representatives to cut, cut, cut. We must send people to Congress who actually believe in slashing the size of government and not in delegating authority to know-it-alls in cubicles. We must do this year after year after year until we become again a nation of individuals pursuing their own happiness as they define it and regulators are in danger of extinction.