leader of the free world. You can get pretty drunk on that sort of stuff.
The hangover didnât take long coming. And itâs gotten so bad since that I canât even see an Obama bumper sticker without getting the headache, dry mouth, and general depression all over again.
My hangover isnât the result of concerns about the presidentâs birth certificate. Or worries that he is some kind of Manchurian candidate in the pay of a foreign power. I donât think he is Muslim, or racist, or anticolonialist, or un-American. I donât blame him for the Troubled Asset Relief Program, which was passed by the previous administration (and which, given the circumstances, I actually thought was needed). And while I donât agree with all his foreignpolicy decisionsâokay, with any of themâI know he inherited a pretty poor set of options, and also that I donât really know enough about Iraq or Afghanistan or Iran to second-guess everything that is happening there.
No, my problems with the president are on an entirely different plane: I hate what heâs doing to my childrenâs future, and I donât have to think that Barack Obama is the devil to know that he has a very different idea than I do about what America should look like when Blake and Scott are adults.
Itâs a belief thing. Penelope and I believe in free marketsâthat the best economic decisions are made by the largest number of individuals acting in what they believe to be their own interests. President Obama and most of his administration believe in an economy that depends on the cleverest people acting in what they believe to be the interests of everyone else. We believe in voluntary associations. They prefer compulsory ones, at least when it comes to health insurance or union organizing.
One thing they donât care much for is business. Like a lot of people, I test out a lot of my thinking by talking things over with my friends. One of them is also one of Squawk Box âs favorite guests, and not just because he was the CEO of CNBCâs parent company from the time the network was founded until he retiredâas the most admired businessman in Americaâin 2001.
Jack Welch isnât sure why the current administration is antibusiness but doesnât doubt that it is. Really antibusiness. And really intimidating. Hereâs what Jack had to say on Squawk Box back in September 2010:
Right off the bat, Joe, heâs in office one month, and what does he do? He vilifies Las Vegas, as a place âfat catsâ go to conventions. Now, first off, âfat catsâ donât go to conventions; salesmen go to conventions, which doesnât show a lot of understanding. And whatâs the result: He hammers both the travel industry and the sales business.
Then he bails out the auto industry, and the companyâs bondholders get smashedâhe called them âspeculatorsââand hands GM and Chrysler over to the United Auto Workers.
Then, after the Supreme Court decided, in the Citizens United ruling, that corporations can spend money on campaigns in the same way unions already do, the president, in the State of the Union, ridicules the members of the court for their so-called probusiness ruling.
I asked him, âWhy doesnât the administration see the disconnect between what you call antibusiness sentiment and what Iâm sure is their real desire to add jobs?â
âMaybe theyâre bipolar. Or maybe itâs sleight of hand.â
It doesnât stop there. The president, and those sympathetic to him, follow the liberal philosopher John Rawls, who used to argue that the best society was the one youâd pick from behind a âveil of ignorance,â the one youâd design if you didnât know whether youâd be born rich or poor and were determined to make sure that being born poor wouldnât be so bad. Penelope and I, on the other hand, believe in a