C. Edmund Wright makes an excellent analogy to explain why government officials aren't qualified to run the economy:
Can Barney Frank Dunk on Lebron? No, he cannot. Nor can anyone else in Washington. Nor can they catch passes from Ben Rothlisberger in the Super Bowl or strike out Derek Jeter in the World Series. They are not equipped to do so.So what?
This ridiculous image speaks to the business malaise infecting the economy since Obama took office. The point is that politicians are equally ill-equipped to run the auto industry or the health industry or the lending industry or the insurance industry -- and their determination to do so is sucking all the dynamism from the entrepreneurial class in this country.
It's called hubris, and on the part of our leaders it will lead -- as it always does -- to tragedy. People need to know their limits, and in my experience the greatest part of humility is recognizing that everything wouldn't necessarily be "better" if I just had more power over you.
