Robert Reich
After CNBC’s John Harwood asked Jeb Bush why the economy has seen more growth under Democratic administrations over the last 35 years than under Republicans, Jeb gave a muddled answer and then pivoted to attacking Obama for being hostile to capitalism.
HARWOOD: You really think Obama’s hostile to capitalism? Trans-Pacific Partnership—he’s moving forward. South Korea, Colombia, he finished those agreements that your brother had moved down the line.
BUSH: I definitely do. I think he has a deep-seated belief that through government programs and through government regulation, you can improve the social condition.
Hello? So thinking government can improve the social condition makes you hostile to capitalism?
Were Republican presidents Abraham Lincoln and Teddy Roosevelt hostile to capitalism? If they – along with Democratic presidents like Franklin D. Roosevelt -- hadn’t improved the social condition, American capitalism might not have even survived.
I never thought it possible but I’m beginning to believe Jeb is dumber than his brother.
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