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Entrepreneurs Know What Obama Doesn't
IBD Editorials ^ | August 31, 2010 | DAVID J. THEROUX

Posted on 08/31/2010 5:30:28 PM PDT by Kaslin

With the economy still floundering and nearly one in 10 Americans out of work, it's time for the Obama administration to discard the ideological fiction that a wise and benevolent government can fix things. Being in power doesn't necessarily mean you understand problems or have solutions. The White House is striking out on both counts.

Nowhere was this more evident than at the "Presidential Summit on Entrepreneurship" last spring.

Summit spokesman Ben Rhodes, a deputy national security adviser and former White House speechwriter, set the proper tone, noting that "entrepreneurship is a fundamental American value, and it's also a force that has the ability to unlock opportunity for people around the world."

Rhodes said the summit was intended not to showcase government officials, but to "bring together entrepreneurs — social entrepreneurs ... around this question of how we can galvanize entrepreneurship on behalf of economic growth."

Then the parade of government officials began, including the secretary of Commerce, administrator of the Small Business Administration, director of the White House Office of Social Innovation and Civic Participation, senior director for "global engagement" of the White House national security staff and others, with closing remarks by Secretary of State Hillary Clinton.

It was a classic example of "know-it-all" big government at its worst.

Innovators Needed

This should have come as no surprise. By now, it should be clear to most Americans — especially the "doers" who create jobs for others — that the White House is no fan of free enterprise.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:

1 posted on 08/31/2010 5:30:30 PM PDT by Kaslin
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To: Kaslin

They all understand that Ozero is a lying putz.


2 posted on 08/31/2010 5:37:57 PM PDT by fuzzybutt (Democrat Lawyers are the root of all evil.)
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To: Kaslin
Entrepreneurs Know What Obama Doesn't

Like the difference between 0's heinie and a hole in the ground, for starters.

3 posted on 08/31/2010 5:38:45 PM PDT by Hunton Peck (0bama: Captain 0blivious)
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To: Kaslin
Entrepreneurs Know What Obama Doesn't

Wrong. Obama knows. Just that it conflicts with his worldview.

4 posted on 08/31/2010 5:43:25 PM PDT by libh8er
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To: Kaslin

Free exchange, risk taking and innovation cannot “spread around” and any attempt to do so only destroys the very thing that socialists need- the resources of others.


5 posted on 08/31/2010 5:46:07 PM PDT by theBuckwheat
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To: Kaslin

It was a classic example of “know-it-all” big government at its worst.

But, but, but these are experts. Don’t believe me? Just look at their titles.


6 posted on 08/31/2010 6:07:20 PM PDT by Joan Kerrey
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To: Kaslin
"bring together entrepreneurs — social entrepreneurs ...

What's the difference between that and "community organizers"?

7 posted on 08/31/2010 6:37:11 PM PDT by raisetheroof ("To become Red is to become dead --- gradually." Alexander Solzhenitsyn)
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To: Kaslin

I’ve decided to cut production at my small business by a third next year. I’m the owner-only employee and I’m sick of all the gov’t crap, the high self-employment tax, all other taxes. Screw it, I’m gonna start having more fun, make less money, and pay fewer taxes. Starve the beast, as they say.


8 posted on 08/31/2010 9:35:51 PM PDT by TheConservativeParty (There has to be a net for the helpless, there cannot be a net for the clueless. -Dennis Miller)
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To: TheConservativeParty

I use to say “starve the beast”. I’ve come to realize that isn’t possible.

The beast can simply print money destroying what savings you have among other things.


9 posted on 09/01/2010 1:42:38 AM PDT by DB
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To: Kaslin

“”Presidential Summit on Entrepreneurship””

Similar to the United Nations Human Rights Council


10 posted on 09/01/2010 6:07:58 AM PDT by RoadTest (Religion is a substitute for the relationship God wants with you.)
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To: DB

bttt


11 posted on 09/01/2010 8:04:12 AM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both.)
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