Big Business can afford the added costs of regulations. It can hire up the former senators as its lobbyists to tweak the rules. It can hire the former Food & Drug Administration Commissioners as its lawyers to work around the rules. And it will always get a disproportionate amount of the subsidies. …

“Corporations have sizeable cash flows and access to credit markets, which gives them a cushion against adversity and added costs; small businesses often operate much closer to the margin and are acutely sensitive to policies that threaten to drive up costs. Corporate CEOs can hire experts to help them cope with added regulatory burdens and can spread the costs over a large workforce; small business owners must deal with these burdens by themselves and have few ways dilute their impact.” …

Corporate-federal collusion was embodied in ObamaCare, largely written by drugmakers, vociferously supported by hospitals, and driving business to private insurers. Obama’s stimulus was a huge gift to corporate America, with its plethora of subsidies. In the fiscal cliff deal, Obama insisted on a raft of corporate tax extenders. Obama’s “New Economic Patriotism” is a dress for corporate welfare to wear to the prom. Obama supported TARP. He bailed out GM. He signed cash for clunkers. He has set new records in export subsidies. I could fill a book with this sort of thing.