The Wall Street Journal is reporting good news: The US Chamber of Commerce will invest $100 million in defending America from the Obama agenda. With any luck, this will encourage other companies and business organizations to get off the sidelines and get involved as well. I only hope it’s not too late.
So often the Chamber disappoints me – because I’m expecting, or at least hoping, for a champion of capitalism and economic freedom. Instead, we’ve got to remember that the Chamber and its members are above all, self-interested. They’ll work with the bad guys if it suits them. And they’ll support programs or policies that violate free market principles if there is a promise of free government money or an unearned advantage over competitors. Often they seem more corporatist than capitalist.
This action by the Chamber is proof that it is still necessary and good, and potentially one of the most important players in the fight against Obama’s statist agenda. While the results are not yet clear, the moment of this decision is one of the most redeeming for the US business community in years. It is evidence of a collective, residual knowledge on its part that while ceding control to the government can profit a particular company at a particular time and place, the results of the type of large scale government intervention in the economy of the type Obama lusts after would be disastrous for our system as a whole.
Kudos to the Chamber. Keep it up. On a related note, Karl Rove appears in the WSJ op-ed pages to talk strategy for the Republican response to Obama health care. This is quickly shaping up to be the next big battle. Perhaps team Obama sees their political capital only diminishing in the future and wants to get this done asap.