Share on Facebook
October 22, 2012
In Tuesday night's debate, President Barack Obama was asked what misperception about himself he would most like to dispel. His answer? That he was someone who believed "government creates jobs, that that somehow is the answer." On the contrary, Obama said. "That's not what I believe. I believe that the free enterprise system is the greatest engine of prosperity the world's ever known. I believe in self-reliance and individual initiative and risk takers being rewarded."
After his now-famous 'you didn't build that' verdict on small businesspeople and entrepreneurs, it's obvious why Obama would want to restyle himself as a devotee of the private sector, a disciple of the marketplace. The trouble comes when he actually starts talking about markets and economics.