I was driving along, listening to the radio, when I heard President Obama condemn rich folks for sending their children to non-government (private) schools.
We don’t dispute that the free market is the greatest producer of wealth in history — it has lifted billions of people out of poverty. We believe in property rights, rule of law, so forth. But there have always been trends in the market in which concentrations of wealth can lead to some being left behind. And what’s happened in our economy is that those who are doing better and better — more skilled, more educated, luckier, having greater advantages — are withdrawing from sort of the commons — kids start going to private schools; kids start working out at private clubs instead of the public parks. An anti-government ideology then disinvests from those common goods and those things that draw us together. And that, in part, contributes to the fact that there’s less opportunity for our kids, all of our kids.
President Obama gets some things right: “[T]he free market is the greatest producer of wealth in history — it has lifted billions of people out of poverty. We believe in property rights, rule of law, so forth.” He should have built on these truths. Instead, he plows the ground for more failed government intervention.
The reason people “disinvest” from these so-called “common goods” is that they are not good as we’ve seen in cities like Detroit and Baltimore. Why would a business want to set up shop in places where there’s a good chance it might get burned to the ground and where “fifty people have been shot in Baltimore following the riots that started April 28, an average of three to four shot per day”?
President Obama must have forgotten that he sends his daughters to a non-government (private) school. The hypocrisy of liberals knows no bounds…
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