What do some Democratic Businessmen think of Obama?

Steve Wynn, CEO of Wynn Resorts, on President Obama and his impact on business investment:

And I'm saying it bluntly, that 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. 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. . . .

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. 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. . . .



Blogger MikeJ said...

Steve sure cuts to the heart of the matter. Pretty much says what I've been saying/thinking the last year or two that it's all about the uncertainity. Oh, and my thumbs are getting sore too!

7/18/2011 10:24 PM  

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