"Why businesses are scared to spend money..."

Discussion in 'Economy' started by PoliticalChic, Jul 19, 2011.

  1. PoliticalChic
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    PoliticalChic Diamond Member

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    "Steve Wynn: Obama is why businesses are scared to spend money!"

    1. Wynn slams Obama as the reason that businesses are scared to spend any money and says it will continue that way until Obama is out of office:

    2. I’m afraid to do anything in the current political environment in the United States. You watch television and see what’s going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President...

    3. ...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 3 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.

    4. 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.

    5. 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.

    6. The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest, their holding too much money. We haven’t heard that kind of talk except from pure socialists.

    7. 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."
    Steve Wynn: Obama is why businesses are scared to spend money | The Right Scoop
    (emphasis mine)


    Now, that's speaking truth to power!
     
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  2. mudwhistle
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    mudwhistle Diamond Member

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    This is the big mystery that everyone ignores.

    Obama is the wet-blanket over the economy.

    The fact that nobody trusts him and the fact that he's given them reason not to trust him, this is the primary reason the economy is still struggling.

    When you have government telling you how to run your business, telling you to run it in a way you know will be too expensive to afford or will reduce your profits to the point of bankruptcy, of course businesses are pulling back and trying to simply survive.

    If everyone read Obama's book they'd know he wants to make Capitalists in America pay for the supposed evil they have perpetrated against minorities. He wants the system to suffer, even collapse to make them pay for all of the ill-gotten gains he feels were gathered off the backs of Blacks, Hispanics, and anyone he considers to be his people.
     
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    Last edited: Jul 19, 2011
  3. editec
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    editec Mr. Forgot-it-All

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    Businesses will invest in this land when they sense that investment will show a good return.

    Changing who leads this nation might make some small difference, but not much.
     
  4. PoliticalChic
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    PoliticalChic Diamond Member

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    Be serious.
     
  5. Douger
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    Douger BANNED

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    The cranes are running 24/7 in Managua, Rio, Panama city,Santiago and San Jose. They're spending money.............just not in the idiocracy.
     
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  10. Avorysuds
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    Avorysuds Gold Member

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    I own a small biz and I can tell you Obama makes me want to do nothing more than what I do now. In fact Obama makes me scared to do better than I'm doing now.
     

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