Photo Credit: Getty ImagesThere’s nothing like a good fight over corporate welfare to bring out the Left’s love of Big Business.
In the current battle over the Export-Import Bank, Democratic politicians and liberal journalists have dropped their populist pretenses and openly embraced the corporate-federal collusion that Ex-Im embodies.
For some, it’s largely partisanship or disdain for the Tea Partiers who want Ex-Im dead. For others, it’s that increasing government’s role in the economy takes precedence over railing against Big Business. And for a shrewd few, it’s about raising money from K Street and Wall Street.
Liberal writer Michael Lind of the New America Foundation, who in 2013 mocked the notion of free-market populism as “Ayn Rand in overalls,” this year sees the free-market attack on Ex-Im as a grave danger to “Big Business,” and, by extension, all of America. Lind blasted “militants on the right.”
“Angry outsiders on the right are threatening to replace business-friendly market populism with real populism,” Lind warned. “And that, to the business community, is downright terrifying. It ought to frighten the rest of us, too.”
Read more from this story HERE.