The Way the World (and the Free Market) Works

In President Obama’s now notorious December 6 Hugo Chavez speech in Osawatomie, Kansas, he characterized the alternative to his redistributionist Obamanomics as, “The market will take care of everything. If only we cut more regulations and cut more taxes – especially for the wealthy – our economy will grow stronger.  Sure, there will be winners and losers.  But if the winners do really well, jobs and prosperity will eventually trickle down to everyone else.  And even if prosperity doesn’t trickle down, they argue, that’s the price of liberty.”