In all of the hoopla around Newark mayor Cory Booker's comments about Team Obama's attacks on Romney via attacks on Bain Capital and private equite ("nauseating," he called them) and his subsequent backtrack after the White House came down on him like a brick house----something bigger and more profound was overlooked.
In an interview with MSNBC, Obama's top political strategist, David Axelrod, criticized Booker: "In this particular instance, he was just wrong." Not a surprise, given that Axelrod was probably the one who came down on Booker like a brick house. But then he said this: "There were specific instances here that speak to an economic theory that isn't the right theory for the country."
There it is. This is precisely how the Extreme Left---Obama, Axelrod, everyone else in this nightmarish administration---views the free market. Economic liberty is merely a "theory." And one that hasn't worked. As Obama himself has said, "It hasn't worked. It's never worked."
To the Extreme Left, economic freedom is a discredited theory that needs to be disgarded and replaced with their vision of government-enforced redistributionism.
Later in the day yesterday, Obama gave a press conference, and said this: "This is part of the debate that we're going to be having in this election campaign about how do we create an economy where everybody, from top to bottom, folks on Wall Street and folks on Main street have a shot at success."
This is all redistrubutionist rhetoric he's used before. But pay closer attention to his phrase: "how do we CREATE an economy...." That is the key to everything he has done. He doesn't believe in the free market, or in individuals pursuing their economic interests and their dreams. He believes in a redistributive socialist state enforced through government coercion. THAT is the kind of economy he is trying to CREATE. Pay close attention to what he says because he's telling you what he's doing and where he's taking the country, if only your ears and eyes are open enough to hear and see it.
That's the kind of economy he's CREATING. And of course, he is the one in charge, controlling it all. Not you. Not small business owners. Not market forces. Him.