Interesting interview President Obama had with Busisness Week last week. This part reveals a key political strategy:
But the last point I would just make in terms of the operating economic philosophy here: My working assumption has always been, if the market could do it better, have the market do it. I have very little confidence in, as I said, some sort of command-and-control regulatory regime.
snip
But I will tell you that if you talk to ordinary Americans right now, they feel at least as cynical about business as they are about government. And part of my motivation here is to channel what is going to be, I think, a lot of populist energy in a constructive way that does not end up preventing us from continuing to be the most dynamic, innovative economy.
More after the fold.