John Hinderaker, of Power Line, suggests that
we have an utterly inept government, which, on top of its incompetence, places little value on economic growth.
President Barack Obama is on record as believing
I do think at a certain point you’ve made enough money.
Whether Hinderaker is right about the ineptness is a separate question. What is clear, though, from Obama’s policies and his continued proselytizing of them in the face of their utter failure from a free market perspective is this: when Obama made that remark (the 2010 mid-term election campaign season), he was talking about our country as a whole, not just a few of his evil Fat Cat Wall Streeters.