The Obama administration has repeatedly inserted itself into the management of private companies. Earlier this week, the inspector general’s office released a report on the handling of dealer closures by the “car czar” – no surprise the IG report illustrates an incompetence and failure of the government to understand the full impact of these closures. In fact, according to the IG, “Treasury made a series of decisions that may have substantially contributed to the accelerated shuttering of thousands of small businesses and thereby potentially adding tens of thousands of workers to the already lengthy unemployment rolls.” Their own policies are contributing to the economic downturn.
