Making a pitch for Democratic candidates in 2014, President Obama told big donors in California Thursday night that Democrats favor free-market solutions and less government regulation.
“It turns out we’re pretty common-sense folks,” Mr. Obama said at a fundraiser at a private home in Palo Alto, Calif. “We believe in the free market [and] a light touch when it comes to regulations.”
This, like pretty much everything else that comes out of his pie-hole, was a big fat lie.
President Barack Obama’s last year in office set a high watermark for new federal rules and regulations as the outgoing Democrat sought to leave his mark on the country through a “pen and phone” strategy.
The total number of Federal Register pages in 2016 rose nearly 20 percent to 95,894, the most ever, and the number of final rules, at 3,853, was the most since 2005, according to a new report from the Competitive Enterprise Institute.
The Democrats once claimed not to be socialists (they claim that much less these days). They made this claim on the thin reed that since the state had not officially taken over all industry, they weren’t really practicing socialism.
But if the Government is micromanaging via regulation every decision a business can make… hiring, firing, location of capital assets, the form and specification of products … then what is the difference, really?
Sadly, the Republican half of the Washington Uniparty has shown only the most modest inclination to rein in these regulatory abuses.