Billionaire Steve Wynn is the 512th richest man in the world, made Time's list of 100 most influential people in the world, and played a big role in shaping the Las Vegas strip. He might know a thing or two about business. What does he think about President Obama's job performance?
In a conference call on his company's quarter profits, Wynn said he could create 30,000 more jobs "but I'm afraid to do anything in the current political environment in the United States."
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.
Ouch. He added that his industry is "frightened of this administration."
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, "Oh God, don't be attacking Obama." Well, this is Obama's deal, and it's Obama that's responsible for this fear in America.
Then he used the S-word.
Oh dear. That's the sort of talk you only hear from right-wing nutjobs who support Harry Reid. Wait, support Harry Reid?!The guy keeps making speeches about redistribution, and maybe we ought to do something to businesses that don't invest or 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 to soft peddling it, it's the truth. It is the truth. And that's true of Democratic businessmen and Republican businessmen, and I am a Democratic businessman and I support Harry Reid.
So we're on the verge of a depression, and a prominent businessman thinks Obama is the greatest drag on job creation he's ever seen, and not only that, he says he's terrifying businesspeople and is a socialist to boot. I don't think Wynn is going to vote for Obama in 2012.
"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," Wynn concluded. "And until he's gone, everybody's going to be sitting on their thumbs."
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Eric Ingemunson's commentary has been featured on Hannity, CNN, NBC, Inside Edition, and KFI's The John and Ken Show.
Eric was born and raised in Ventura County and currently resides in Moorpark. He earned a master's degree in Public Policy and Administration from California Lutheran University. As a conservative, Eric supports smaller government, less taxation, more individual freedom, the rule of law, and a strict adherence to the Constitution.
