Massive government intervention in the economy has spurred the U.S. Chamber of Commerce to launch an unprecedented campaign to promote a basic American principle: capitalism.
As much as $100 million will go toward public education, lobbying, grassroots organizing, and a high-profile advertising campaign over an unspecified number of years.
“Dire economic circumstances have certainly justified some out-of-the-ordinary remedial actions by government,” said Thomas Donohue, President and CEO of the Chamber “But enough is enough. If we don’t stop the rapidly growing influence of government over private sector activity, we will squander America’s unmatched capacity to innovate and create a standard of living and free society that are the envy of the world.”
Called the Campaign for Free Enterprise, the campaign is a critical reaction to the recent involvement of many industries in advocating for more government intervention, as with automotives, health care, and finance. Energy companies have latched on to the cause of global warming to petition for public dollars, and unions are exerting more and more influence.
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