As part of his campaign to expand the size and scope of the federal government (and to justify his advocacy of class-warfare taxation), President Obama has been asserting that all of us benefit from government spending.
It’s why he now echoes Elizabeth Warren’s claim that entrepreneurs owe their success to government programs and activities.
It’s also why he cites the Internet as an example of wise, prudent, and far-seeing government intervention.
Sounds like a powerful example. The kind of anecdote that leaves libertarians momentarily speechless.
But there’s just one small, tiny, itsy-bitsy, teeny-weeny problem with Obama’s example. It ain’t true.
Here are some excerpts from a first-rate column by Gordon Crovitz in the Wall Street Journal.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for December 19th, 2014 | John Ransom
In Other News: New Captain America Will be Black; Racist Liberals Suddenly Become Fans | Michael Schaus
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for December 17th, 2014 | John Ransom
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for December 15th, 2014 | John Ransom