Based on last Wednesday night’s press conference, it’s clear President Obama has absolutely no concept of how capitalism works.
“Having a public plan out there that also shows that maybe if you take some of the profit motive out, maybe if you are reducing some of the administrative costs, that you can get an even better deal, that’s going to incentivize the private sector to do even better.”
The private sector will be incentivized if you take some of the profit motive out?
2012 cannot arrive soon enough.
