The “Influence Economy”
December 11 | Posted by mrossol | Big Govt, US ConstitutionYes
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From a Dec. 6 speech by Ed Gillespie at the Republican Party of Virginia’s annual meeting in Chantilly, Va.; the former Republican National Committee chairman was the GOP’s 2014 U.S. Senate candidate from the state:
We can see an influence economy starting to take shape. CEOs are becoming less concerned about inventing the right products, targeting the right markets and hiring the right people in hopes of making a respectable profit for investors—and more concerned about getting the right lobbyists, retaining the right lawyers and attending the right fundraisers in hopes of getting a hefty subsidy from taxpayers.
Making the right campaign contributions are becoming as important to a company as its research and development budget, and federal-compliance lawyers will soon outnumber patent lawyers.
Fully implemented, Obama ’s influence economy will be one where ordinary Americans must get permission from a government agency or department before they can buy, build, invest or hire. It’s an economy rooted in mandates and waivers, tax credits and targeted subsidies, Federal grants and government loan guarantees.
Can you get the Department of Justice to file a suit against your competitor? Can you get the NLRB to compel workers to pay dues to your union? Can you get the Department of Energy to guarantee your loan? Can you get the HHS to mandate that consumers buy your product?
It’s an America where Washington limits our choices, constrains our decisions, controls our behavior and manages our lives. Where more and more regulations are vigorously enforced by an executive branch that recognizes fewer and fewer limits on its authority, because this president disdains the checks and balances of two branches of government our Founders created as equal but he sees as inconsequential.
Notable & Quotable: Ed Gillespie – WSJ.
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