The managed economy. Not to be confused with the free market economy.
I could provide dozens of examples, but this one, concerning University Hospitals in Cleveland, as reported in the Plain Dealer, works about as well as any.
Ohio’s legislators in DC are already naming the price at which their votes can be bought for the Obamacare bill: earmarks for University Hospitals.
Apparently, this is not a move that all hospitals in Ohio would agree upon. Cleveland Clinic decried the move as favoritism.
Many voters are catching on to this trend of political manipulation of the marketplace since Obama took office, but, unfortunately, our pay-to-play legislators have been picking winners and losers in the marketplace for years. It happens at the state level, too, so there’s not a level playing field, and we’ve seen up close how that drives business away from Ohio.
In a free market economy, consumers do the picking and choosing.
If we want to return to a free market economy, government will have to relinquish the reins and stop trying to micromanage it. That’s partly why I feel a campaign slogan of “DO LESS!“ would appeal to me, as a voter.