In his latest book, Obamanomics:
How Barack Obama is Bankrupting You and Enriching his Wall Street Friends, Corporate Lobbyists, and Union Bosses, journalist Tim Carney analyzes the influence that large business corporations have on the current presidential administration. Like his previous book, The Big Ripoff: How Big Business and Big Government Steal Your Money, Carney once again writes about the machinations of big business and how they have subverted the loyalties of key government officials to suppress their competition and promote their own specialized interests.
Carney admits that the story of his book could be that President Obama was bought out by the drug lobbyists who continue to support other Democratic candidates in the hopes of getting nationalized healthcare passed to ensure a permanent market for their product, but he chose to take a different angle. “I believe what’s going on here, what’s the theme of my book is that whenever government gets involved that opens the doors for the special interests.” He makes it clear that although the title of the book is Obamanomics it’s reference to the sitting President is merely because he is currently in power. “My point is not that Obama is some evil shill for big business, my point is that when government gets bigger, big business ends up profiting.”
Carney gives three Laws of Obamanomics with the codicil that “These are nothing new. They were true under George Bush; they were true under Alexander Hamilton.”
1) The Inside Game: Whoever has the best lobbyist, wins
2) The Overhead Smash: The big guys can always bear the burden better.
3) The Confidence Game: Government lends an air of legitimacy to industries and businesses.
The bottom line is “Every time government gets bigger somebody’s getting rich.” ...
http://www.academia.org/little-hope-no-change/
