(Democrat) Steve Wynn explains:
…this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and I could spend the next three hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and right. A President that seems, that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration. And it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.
You bet and until we change the tempo and the conversation from Washington, it’s not going to change. And those of us who have business opportunities and the capital to do it are going to sit in fear of the President. And a lot of people don’t want to say that. They’ll say, God, don’t be attacking Obama. Well, this is Obama’s deal and it’s Obama that’s responsible for this fear in America.
The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest, they’re holding too much money. We haven’t heard that kind of talk except from pure socialists. Everybody’s afraid of the government and there’s no need soft peddling it, it’s the truth. It is the truth. And that’s true of Democratic businessman and Republican businessman, and I am a Democratic businessman and I support Harry Reid. I support Democrats and Republicans. And I’m telling you that the business community in this company is frightened to death of the weird political philosophy of the President of the United States. And until he’s gone, everybody’s going to be sitting on their thumbs.
Anyone who ever imagined that Barack Obama was a “centrist” was using some pretty exotic drugs.
[Update a couple minutes later]
Why the Democrat Party is doomed:
Like it or not, Obama is not the new FDR, but the new Gorbachev: a man forced to preside over the demise of a political system he desperately wants to save.
Democrat champions in the punditocracy confidently predict that the future of the world’s oldest political party is bright. But in fact, the coalition that is the modern Democratic Party is doomed. Every pillar upholding its heavy roof is crumbling.
If so, it’s not a decade too soon. I hope he’s right.
Wait, did he not get the memo? It’s all George W. Bush’s fault!! Oh well, guess Wynn is just another racist…..
Imagine the deer-hunting union member sitting down with the vegetarian college professor and the lesbian lawyer and you will begin to see the trouble party leaders have holding the horde together.
The La Raza’s and Earth Firsters are there too. It has always struck me that that grouping is not sustainable. It appeared to have been dealt a death blow in 1980. And yet it has endured. Why? All those “Celebrate Diversity” bumper stickers? I frankly do not get it.
Those groups get along just as long as there’s room at the trough for all. Keeping the pigout going past the next election (or not) is the essence of the current debt ceiling brawl. Shrink the trough and they’ll start trying to eat each other.
I hope the Reps stick to their guns. Never mind saving the future solvency of the country; the entertainment value of the Dem autophagy-fest that follows would be huge.
When trying to grok the effects of regulation on businesses, it’s easy to see the price tags and ethical issues and the intimidating complexity of regulations. Those things are important, but there’s one other factor that often gets overlooked, one I recall reading in one of Thomas Sowell’s books: predictability. Economic growth requires business expansion; businesses cannot grow if they cannot plan for the future, and they cannot plan without the faith that tomorrow’s rules of commerce will be the same as today’s.
Ali Bama and his thieves have made the rules of commerce too costly, too unfair, and too unpredictable. Of course businesses aren’t hiring. What’s their motivation, in that kind of environment?
I doubt the talk of DOOM. That is what they said about Republicans although the author of the 2nd link does bring up some good points. One of which is that he doesn’t think the Democrats will fade into history,
“Without federal money to spread, the Democrat Party will have to reinvent itself. It will. The world’s oldest political party knows how to survive.”
Conventional wisdom says Obama is a one term president. I am in fear that he has changed the game. He has already done the damage, like in that old movie where they are trying to blow up the dam… “That’s it??? Wait for it.”
We sit satisfied that we know the truth… but so do those idiots that continue to back Obama. People that didn’t live through the Carter years off gas station lines and out of gas signs. Malaise would be welcome compared to today, but the youth don’t get it. So they are able to successfully demonize those with the right principles for fixing this mess.
There’s hope that the eunuchs on the right see “The Undefeated” and wake up to what the left is able to do to decent Americans. But if history is any guide, that’s not likely.
Unless we reach the young in time (and it may already be too late for this generation) America will become a footnote in the history books… “It’s evil America’s fault let by dictators named George.”
And yet it has endured. Why? All those “Celebrate Diversity” bumper stickers? I frankly do not get it.
Winston Churchill got it: “If you’re not a liberal at twenty you have no heart, if you’re not a conservative at forty you have no brain.” There’s a fresh batch of 18-21 year olds every four years, whose political experience consists of being able to regurgitate what left wing teachers tell them is the truth. And if the girls are going along with it, then the guys are too, at least publicly.
“Without federal money to spread, the Democrat Party will have to reinvent itself. It will. The world’s oldest political party knows how to survive.”
Whores just cut their rates.
Just fix the collapsing infrastructure and get out of expensive global wars. The problem is the world’s economy needs to be reinvented.
The Chinese are aiming at a Japanese/Korean like model of economic development and have been doing pretty well. The reason was they had to infrastructure to begin with, but have a lot of manpower and resources.
Once they finish doing that and the Chinese get better ages boosting the internal economy nearer to Western style levels of wealth the problem will be who wants to have leading edge manufacturing plants elsewhere but in China? Plants are usually located where most clients are, or where costs are cheaper. Exceptions are things which have a limited expiration date (say milk or lettuce). Ever known a wealthy nation which survives solely on agriculture? Well at least the US and the EU can feed themselves even if their economies continue to fail horribly as manufacturing jobs keep being transferred out.
Imagine if there were unified global car standards. Every car manufacturer would eventually move to China. The reason there still are US and European car manufacturers is regulation and more regulation.
Imagine if there were unified global car standards. Every car manufacturer would eventually move to China.
No way. Any new auto plants will build near the customer base – just as Japanese forms have done in America. (And in right-to-work states.) Whatever labor costs China could deliver doesn’t make up for the high trans-Pacific shipping costs. Existing plants will NOT close up shop and relocate anywhere – that would be extraordinarily expensive.