Newt!, by Dick Williams: on Corporations

Newt Gingrich: Bureaucracy & litigation are enemies of entrepreneurship

Gingrich pinpoints 5 enemies of entrepreneurship: bureaucracy, credentialing, taxation, litigation, and regulation. Any efforts to save the cities must start there. The bureaucracies stop welfare recipients from earning extra money. They stop enterprise by demanding credentials, and they create red tape that daunts most people. Individuals must be free to manage themselves.

It is here that Gingrich's arguments are the weakest, for many inner-city children aren't near the kinds of businesses that can provide even an entry to the work force. There is hope but no proof that reining in bureaucrats, reforming tax code, and cutting through red tape will be enough to spur development.