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Is Big Business the Problem?

Things are falling apart for the Obama Administration and the White House folks are not interested in taking responsibility. It's getting a bit late in the term to blame George Bush, though that continues. And while there also are efforts to blame recalcitrant Republicans in the Senate and House, it's obvious to anyone that Democrats control Congress overwhelmingly.

So who you gonna blame?

Big business. In a number of fora progressives (nee, "liberals") have decided to try left wing populism and put the fault for the nation's ills on big business.

There are a couple of problems with that. First, many of the failures of the Administration--in foreign policy, for example--have little to do with business, big or small.

Second, for the past two elections rich people have donated more to Democrats than to Republicans. President Obama carried all 20 of the zip codes with the highest percentages of rich people. And big businesses have been prominently won over to support of such legislative aims as Cap and Trade and Obamacare. Big Pharma alone spent $150 million in soft money TV ads boosting leading Democrats who supported the President's health bill. Seduced or coerced, either way they paid. As for Wall Street, their strong Democratic proclivities in 2008 definitely were the product of easy seduction.

As for oil, BP contributed $1 million to the Obama campaign and more to Democrats than to Republicans in Congressional races.

So, blaming big business makes something of a circle of blame that winds up back in the White House.

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