Rep. Michele Bachmann (R-MN) is continuing to denounce what she says is a pattern of government takeovers of the economy — going so far as to say that the economy used to be totally private.
“And what we saw this Tuesday, once the president signed the health care bill at the 11th hour in the morning on Tuesday, that effected 51% government takeover of the private economy,” Bachmann said on Wednesday, during an interview with North Dakota talk radio host Scott Hennen. “It is really quite sobering what has happened. From 100% of our economy was private prior to September of 2008, but as of Tuesday, the federal government has now taken ownership or control of 51% of the private economy.”
I can’t even begin to point out how wrong she is about this.