Though many of us could see through the Obamamania gripping the country during the last campaign season, many high profile and very successful business people were caught up in the emotion of the time and could not fathom the degree of decline Obama's socialist policies would have on the US economy. Almost two years into the Obama Administration, many of these same successful business people are now coming out vehemently against Obama's socialist policies as they witness the havoc wreaked on our nation. Better late than never, I guess.
For those who may reason "why should we care what business people think?" ask yourself how many tax-positive jobs has the government ever created? In other words, every job the government creates is paid for by taxes, and what the new government employee pays in taxes comes nowhere close to covering the amount of taxes used to create their job. Hence, there is a net tax base loss in the transaction, reaching a 4:1 ratio in many instances. Private business is the ONLY way to increase the tax base, as well as turn the economy around.
http://www.infowars.com/steve-wynn-takes-on-washington/
http://www.businessweek.com/news/2010-01-20/buffett-opposes-obama-bank-tax-plan-he-tells-cnbc-update1-.html
http://www.youtube.com/watch?v=WZcMzL0Hx9M
http://www.politico.com/news/stories/0310/33693.html
http://vodpod.com/watch/2384806-steve-wynn-rips-obama-stimulus-and-economic-policy-on-squawk-box
http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/business-leaders-turning-on-obama-democrats-96985974.html
It was just a matter of time. Really was not expecting it to happen so quickly though. Speaks volumes as to their ability to lead and actually accomplish the real priorities.
ReplyDeleteMorgan; Here you go again, using logic..
ReplyDeletehttp://www.youtube.com/watch?v=x18hrNp--NM
ReplyDeleteYES WE CAN!
(Actually no you can't. It's the jobs, Dummy).
IT WAS.