It’s amazing but even now many people refuse to see this rather obvious fact. Government and big business like each other. For the most part they aren’t rivals. GM, Goldman Sachs, GE, Boeing, JPMorgan, Monsanto, Walmart, Chrysler, Berkshire Hathaway, Google, CVS, AT&T, Northrup Grumman and many other giant companies are partners (to a significant degree) with the US government.
Because that’s where the money is. Specifically taxpayer money.
(From The Washington Examiner)
When politicians and political commentators engage in debate over economic policy, they often mistake what the actual lines of battle are. They assume that the fight is Big Government versus Big Business — that as one great power grows, the other diminishes.
This is ahistorical, and often wrong in today’s policy debates, where often at least one faction of the business lobby supports Big Government policies, and where the growth of government often entrenches the big businesses.