A Tiny Illustration of the Problem with State Ownership

Obama Goes NASCAR, Heritage Foundation Foundry, August 21, 2009. "As part of his on-going effort to reduce carbon emissions – or perhaps in an effort to charm a conservative-leaning audience that’s skeptical of his health care plans – President Obama yesterday honored Jimmie Johnson, the 2008 NASCAR Sprint Cup Champion, and extolled the virtues of this 'uniquely American sport.' It’s not a sport he appears to have much liking for: his jokes were labored and he butchered the name of one of the honorees. Presidents have to do a lot of this sort of thing, of course, and it is hard to blame the President for so evidently finding the job a chore. But he didn’t have to take the next step."