| So far, no one in this administration can explain to the public how and why “Cash for Clunkers,” Obamacare, buying into GM, threatening Boeing, the second stimulus, or new regulations on business were supposed to create more jobs or economic growth. The common denominator in all these failed efforts is the assumption that a technocrat with an Ivy League certificate knows far more about business than those who conduct it. Usually the more suspect the doctor, the more framed degrees on the waiting-room wall. |