TigerHawk has an eye-opening blog post about how much of the economy the Obama administration wants to restructure. 

Perhaps a number will help: 35%. That is the aggregate percentage of United States GDP produced by the three industries that the Democrats hope to restructure from the top down: Health care (17% of GDP), energy (9.8% of GDP), and financial services (8% of GDP). Think about that.

And it has to be done now, now, now!  Don’t read the bills, and don’t let the public scrutinize them; just vote on them!

And if you act now, we’ll throw in the automotive sector (4% of GDP)!  (Sorry, channeling Billy Mays for a second there.)

So then, if the government gets to get its hands into more than 1/3rd of the economy, with a controlling interest never before given to it, would you still call that capitalism? 

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Filed under: Economics • Government • Medicine

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