Perhaps the biggest strength of our free enterprise system is that, in a free market, the economy is self-correcting. It will adjust to adverse circumstances, and the less interference the government attempts on the price system, and the fewer restrictions it imposes on freedom, the better for us all – but it will adjust, even when government makes mistakes.
Mistakes such as Obamacare, which was promoted as the nearest thing to heaven on earth but which raised costs without improving services or their delivery. And we could say similar things about almost every other effort to make the world perfect through government regulation, such as Dodd-Frank, and the “big government” candidates will always be promising a so-called panacea to the world’s ills, and it will almost always be enormously expensive, outrageously intrusive, and once set in motion, almost impossible to stop.