The Locker Room

Free markets over rent seeking

Posted by Mitch Kokai at 06:58 AM

Accustomed as they are to a world filled with rent seekers, folks in Washington appear flabbergasted that the U.S. Chamber of Commerce is taking a different approach. We learn this in the latest Business Week:

The Chamber has moved sharply to oppose much of the legislation and many of the regulations and policies streaming out of the Obama Administration and the Democratic Congress on health care, labor issues, and finance. In a move some see as little short of a declaration of war on the White House, Donohue has been crisscrossing the country to raise $100 million to launch the "Campaign for Free Enterprise." It is intended to promote open markets and fight a rise in regulations and tax hikes that he argues will undermine job creation and the economy. "We are certainly not alone," says Donohue, adding that the Chamber's controversial policy choices reflect his members' views: "This is not me.…This is not my staff. We are delivering on the issues that concern the business community."

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