Which candidate said this?
“I believe that America's free market has been the engine of America's great progress. It's created a prosperity that is the envy of the world. It's led to a standard of living unmatched in history. And it has provided great rewards to the innovators and risk-takers who have made America a beacon for science, and technology, and discovery…We are all in this together. From CEOs to shareholders, from financiers to factory workers, we all have a stake in each other's success because the more Americans prosper, the more America prospers.”
Just as personal freedom doesn't include the right to steal your neighbor's car or burn down City Hall, the free market, as has been shown repeatedly, does not work without oversight and regulation. No free market exists where monopoly exists. And if we don't start paying attention to trade balances, we will all be speaking Chinese in another generation.(In order to communicate with our bosses)
- 1 decade agoFavorite Answer
That was Obama
- 1 decade ago
Talk is cheap though. His actions as a senator have shown he is no friend of the free market, or he may not have a proper grasp on the definition of a free market. He is in favor of raising taxes and redistribution of wealth, which a socialist policies, not free market policies.
If he is an advocate of the free market, why did he:
* 1) Vote against the Central American Free Trade Agreement?
* 2) Advocate raising minimum wage?
* 3) Attack Hillary for her support of NAFTA in the 1990s?
* 4) Vote for, and attack Bush and McCain for opposing, the recent farm bill, which would increase subsidies by $20bn, make the government buy sugar at twice the world price, and give subsidies to farmers with incomes of up to $1.5 million per year?
* 5) Propose raising the capital gains tax?
* 6) Advocate fair, not free trade, which will halt the rapid economic growth in poor and industrializing nations?