Their financial policy has been to freeze the big banks into place. Their industrial policy was to preserve as much as they could of General Motors and Chrysler for the benefit of the United Auto Workers. Their health care policy was designed to benefit Big Pharma and other big players. Their housing policy has been to try to maintain existing prices. Their macroeconomic economic policy was to increase the size and scope of existing government agencies to what looks to be the bursting point.

What we see is Big Government colluding with Big Business and trying to breathe life into Big Labor…

But Big Unit policies are not a good fit for a country that has grown out of the wreckage the Big Units made of things in the 1970s. They freeze poorly performing incumbents in place and they don’t provide the breathing room for small units to start up and grow.