People ask me all of the time, “Ben, now that you’re not doing a quiz show, what do you do?” The answer is that for my fun and livelihood, I travel the country from end to end and up and down talking with business people about the economy. And it’s a fascinating, eye-opening journey.
In a word, it reminds me of the immortal Walt Whitman poem, “I Hear America Singing.” I hear and I see America, and the free market capitalist system working. And working beautifully.
Remember those evil oil companies who were using their muscle to oppress the American family by keeping oil and gas prices high? Well, despite being fought tooth and nail by the government and the environmentalists, the oil companies discovered a way to get immense amounts of oil and gas out of shale.
The result, as every American now knows, is a giant drop in energy prices that translates into a bonanza for almost all American families. The oil companies did that, not the Energy Department. The oil companies might now regret that they did it since oil has fallen so much… but in the end, the consumer made out great as the free market would have predicted.