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Overnight Open Thread (7-21-2014) »
July 21, 2014
WSJ Op-Ed: Hey, Conservatives, Stop Beating Up on Crony Capitalism
!!!
He actually, out of his own mouth, seems to equate "big business" with "crony capitalism."
I guess we're not debating the terminology any longer.
Amid the fight for the soul of the Republican Party, some elements of the GOP coalition have become overtly hostile to Big Business.
Defeating crony capitalism has become the battle cry of libertarian conservatives.
The Export-Import Bank has become the latest in a long line of targets that include highway funding, terrorism risk insurance and "too big to fail" banks.
Big Business wants immigration reform and higher academic standards for elementary and secondary schools--policy priorities that drive the hard right into conniptions.
...
What would happen if Big Business decided to change sides? What would happen if the Chamber of Commerce suddenly stopped being a huge fundraising machine for the Republican Party and started financing pro-business Democrats?
Ah, so it's hardball, then.
Well here's another question, then: What if the GOP began pushing a business tax break for small and mid-sized business to be paid for by a tax increase on big business?
So long as we're talking about Things We Each Could Do.