CORPORATIST IN CHIEF:

State of the Union shows Obama is now pro-business. He should be pro-growth. (Donald J. Boudreaux / January 26, 2011, CS Monitor)

Much is being made of president Obama’s new-found friendliness toward business, punctuated by his call “to make America the best place on Earth to do business” in last night’s State of the Union address. While moderates seem pleased, liberals dislike it, and conservatives suspect that the president isn’t sincere. [...]

Contrary to popular presumption, being friendly to business is not the same as being pro-economic growth or pro-free-market.