Club for Growth: Scrooge-like, but still right

Like Jim Geraghty (National Review OnlineThe Campaign Spot), I’m not sure December 25 was the best day for Nachama Soloveichik (Club for Growth) to unleash this criticism of Mike Huckabee.  That said, the criticism itself is still warranted:

You’ve probably seen Huckabee rail against CEO pay (if you haven’t, see here and here, but until now, Huckabee has not been clear about what exactly he would do about CEO pay if he were President. Yesterday, CNBC’s John Harwoodasked Mike Huckabee just that.

HUCKABEE: It’s a combination. It’s when one person losing his job who helped make the company successful and the person who steers the company either into bankruptcy or selling off it in pieces is taking that golden parachute of several hundred million dollars. I mean, there’s just something wrong about that, and every American knows it, whether he’s at the top or bottom. What the government ought to do is, first of all, call attention to it, put some spotlight on it. I don’t think it’s about coming up with some new regulation. Corporate boards ought to show some responsibility. If a board allows that kind of thing to happen, shame on that board. And I would hope that it wouldn’t necessitate additional laws and regulation because usually when you get into regulation, it just gets worse and it makes it [an] even bigger problem than you had to begin with.

HARWOOD: So you wouldn’t actually do anything about it as the head of the government? You would simply use the pulpit to talk about it?

HUCKABEE: That would be the first line of maybe offense, perhaps John. And then what I would like to see is the corporate board showing responsibility with an understanding that if they don’t start showing some responsibility, then they’re going to end up forcing government to take action, which is the worst thing that could happen and it only exacerbates a problem rather than actually solves it.

Huckabee’s response is emblematic of his governing approach. He claims government is not the answer, but, at the end of the day, he is willing to use government to achieve the results he deems morally necessary. Notice also how Huckabee inoculates himself, arguing that he would be forced to impose government regulations because of inaction on the part of corporate boards. It is a clever political gambit that allows him to claim opposition to new regulations in principle, while he imposes them left and right because others are “forcing” him to do so.

Actually, I have one more criticism: Soloveichik missed larger point.  Huckabee admits that a government regulation “only exacerbates a problem rather than actually solves it,” yet he can’t bring himself to say he’ll stop it (indeed, he does basically the opposite).  Yet why would Huck, as President, allow anything to become law (or regulation) that he knows would make things worse.

There are only two possible explanations: he’s more interested in looking like he’s “doing something” than in actually doing the right thing, or he really doesn’t think a regulation will make things worse but knows he has to say it to appease us limited-government voters in the Republican Party.

In other words, Mike Huckabee is either intellectually dishonest or an outright liar.  Either way, he does not deserve our votes.

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One Response to Club for Growth: Scrooge-like, but still right

  1. […] the Club should have waited a day, but Dukakabee is still wrong I only hope CFG’s well-deserved criticism of Huckabee’s de facto call for corporate compensation regulation doesn’t go awry […]

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