The Merriam-Webster Dictionary defines “entrepreneur” as “one who organizes, manages, and assumes the risks of a business or enterprise.” Nancy Pelosi and the Democrats defines entrepreneurial somewhat differently, as this clip from Nicholas Ballasy at CNS News demonstrates. Pelosi tells an audience in DC that ObamaCare is an “entrepreneurial bill,” because it will let people quit being productive and allow them to leech off of … entrepreneurs:
We see it as an entrepreneurial bill, a bill that says to someone, if you want to be creative and be a musician or whatever, you can leave your work, focus on your talent, your skill, your passion, your aspirations because you will have health care.In other words, we should all just join the circus and let Mom and Dad pick up the bill. That’s not entrepreneurial; it’s a welfare state. If anyone wants to see just what kind of innovation that produces, we only need to see the economies of the Western European nanny states. George Orwell would stand in awe of Nancy Pelosi, and not in a good way.
Update: As commenters note, Pelosi said almost exactly the same thing two months ago. However, she was not quite as blunt about it in March:
So, you can‘t—everybody has so much to gain from this, small businesses, as I said, seniors, young people, women, our economy. Think of an economy where people could be an artist or a photographer or a writer without worrying about keeping their day job in order to have health insurance or that people could start a business and be entrepreneurial and take risk, but not job loss because of a child with asthma or someone in the family is bipolar—you name it, any condition—is job locking.Or join the circus! If you want to know where it is, go to Washington DC and look for the big building across from the Washington Monument.