During the State of the Union address to Congress this year, President Joe Biden delivered an astoundingly Orwellian endorsement of socialism, clothed as its anti-matter counterpart.
“I’m a capitalist, but capitalism without competition isn’t capitalism,” the president declared. “It’s exploitation, and it drives up prices. When corporations don’t have to compete, their profits go up, your prices go up, and small businesses and family farmers and ranchers go under.”
Besides dubiously blaming today’s 40-year-high inflation on corporate greed (greed that, presumably, was inexplicably dormant during decades of inflation that was a fraction of today’s), Biden’s remarks shamelessly suggest that his administration’s heavy imposition of new and revived regulations fosters competition when the real mission is to level unprecedented burdens and governmental control upon businesses of all sizes….