WSJ: Tea Party’s Rise Gives Business Pause

Business leaders prefer a Republican-controlled Congress to a Democratic one, but are worried about tea party candidates taking away their subsidies, spending programs, and special tax breaks.

This illustrates the difference between pro-market and, pro-business or pro-free enterprise. Here’s a sample of the confusing rhetoric from a lobbyist:

“In many instances, we don’t know enough about the concerns of some of the winners in the primaries to be comfortable that they understand the intricacies of the battle for free enterprise,” said Larry Harlow, who handles the Washington interests of the American Petroleum Institute and such firms as Boeing Co. and Union Pacific Corp

Here’s the pro-market side from State Rep. Raul Labrador, a House candidate in Idaho:

Mr. Labrador said he opposed all government programs that help one segment of the business community over another. “I’m against all of them,” Mr. Labrador said in an interview. “I don’t think the government should be picking winners and losers.”

He included tax breaks for particular industries. “We should have taxes low for everybody, and not just for a particular industry or segment,” he said.

Simple rules, no favorites. Perfect.



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