Obama Knows Best

From Coyote:

Bill Whittle makes a great point in this video which is at the heart of the problems with this administration: While Obama and his young policy wonks may be smarter (or at least think they are smarter) than other folks individually, they cannot possibly be smarter than the sum of 300 million well educated, realtively affluent Americans making decisions for themselves. Every technocrat founders on these rocks, when they substitute their decision as command and control planners for individual decision making. Everyone talks about a revival of interest in Ayn Rand, and that is great, but it is Hayek who has never been more relevent.