We Can’t Manage the Whole Economy

I pointed to this Reason Magazine interview with Thomas Sowell on Thursday, but want to reiterate that you should check it out. One of the best quotes I found was this:

“The presumption that Obama knows how all these industries ought to be operating better than people who have spent lives in those industries, and a general cockiness going back till before he was president, and the fact that he has no experience whatever in managing anything. Only someone who has never had the responsibility for managing anything could believe he could manage just about everything.

(Emphasis added)

Check out the whole thing here.