How, precisely will they do this? By decreasing freedom, of course!

American companies can expect proposals mandating increased wages and health care, a boost in union membership and greater scrutiny of trade agreements, a key Democrat promised Wednesday.

It's all part of the new Democratic congressional majority's agenda to reduce what Rep. Barney Frank (D-Mass.) calls "inequality" that inhibits economic growth.

"Inequality is not necessarily a bad thing. It's necessary in the capitalist system, and I'm a capitalist," Frank said during a speech to the National Press Club. "But we do not have to have a government that reinforces it."

Frank has a definite agenda, though – letting the government tell business how to do business.

Frank was not specific on every proposal, but he said he intends to hold hearings into income disparity and what the government can do about it. He is also proposing a "grand bargain" that will tie trade bills, regulatory relief and other business-friendly legislation to mandates on increased wages, union empowerment and health care coverage.

"Government doesn't have to interfere with the free enterprise system, but we can work along with it to reduce inequality," Frank said.

Of course, everything Frank is proposing does interfere with free enterprise.

Government will tell businesses how much they must pay heir workers and what benefits they must offer. Government will force in unions, even upon workers who donÂ’t want to be a part of them. And government will impose conditions and restrictions upon how they do business.

I believe that is generally called socialism by economists, Barney.

Posted by: Greg at 10:26 AM | No Comments | Add Comment
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