Obama’s criminalization of business?

Business crime cropped2David Henderson thinks the Republicans can make political headway against President Obama by campaigning against his administration’s criminalization of business.

That strategy might be viable if the Republicans hadn’t just gotten through criminalizing business for the better part of a decade.

The federal government’s criminalization of business policy obscures the true nature of business risk and fuels the myth that investment loss results predominantly from criminal misconduct. In turn, that myth is one of the underlying causes of the the criminalization of business lottery, which undermines the rule of law.

Thus, Henderson is right that the criminalization of business policy is terribly counterproductive. He is simply wrong about it’s political basis.

The criminalization of business policy is perfectly bi-partisan.