Mar 30, 2014 0
From Daniel Greenfield’s excellent blog, Sultan Knish, The Inequality of Access:
Battling income inequality leads directly to inequality of access by putting the equalizers in charge of picking winners and losers through the agency of an expanding government that promises to fill in the gaps in income while instead creating gaps in access. The equalizers promise to fix the unfairness of the marketplace and replace it with the ideologically determined unfairness of government.
The bigger government gets, the less sense it makes to invest in business and the more sense it makes to invest in politicians. Powerful politicians are a much less riskier investment than millions of customers whose behavior is hard to predict. The unpredictability of the public makes competition possible and reduces income inequality while the predictability of politicians is a monopoly that increases income inequality as political monopolies become economic monopolies.
Obama handed out hundreds of millions to the Green Energy tycoons who supported him and dispenses ambassadorships to unqualified bundlers who barely know the name of the major country they have been assigned to. Voters who came out in collective groups for Obama got wealth redistribution paydays. Everyone else got taxed.
There is no equality of access even within the ranks of his supporters. The Obama voter was rewarded with ObamaCare, but the ObamaCare website was outsourced to an incompetent company whose top executive was a pal of Michelle Obama. The company got a six hundred million dollar contract and the ObamaPhone voters got a broken website and hours on hold with operators and navigators.
It is probably impossible to measure the impact this has on new business start ups and job growth, but nobody wants to play a rigged game.