April 30, 2014
Sen. Mike Lee (R-UT) delivered an important address at The Heritage Foundation today decrying “America’s crisis of crony capitalism, corporate welfare, and political privilege.”
Working hand-in-hand with big government, K Street lobbyists and the big companies they represent tilt the otherwise level playing field the economy. They use the power of government to benefit themselves—at your expense.
“Big government isn’t just inefficient,” he told the audience in Heritage’s Douglas and Sarah Allison Auditorium, “it’s fundamentally unfair.”
It’s ordinary Americans who suffer from cronyism, whether it’s in the form of economy-distorting regulations, special-interest tax breaks, Fannie Mae and Freddie Mac, or the Export-Import Bank.
That’s why conservatives should fight all Washington cronyism, Lee argued, no matter whether that cronyism was initiated by Democrats or Republicans.
Do you think fighting Washington cronyism ought to be a priority for conservatives?