Simple truths evade Democrats/Liberals

Steve Wynn

Excerpts from the Rush Limbaugh show. Rush is playing audio excerpts from a Fox News interview with Steve Wynn, the CEO of Wynn Resorts in Las Vegas. His company has more than 20,000 employees. (Bold is mine.)

RUSH: ... That's what I have been saying. That's what anybody with even a modicum of Econ 101 understands. You have to invest and you have to create the investment. You have to incentivize growth, and this administration is penalizing it! This administration is punishing growth. This administration is doing everything it can to prevent growth. This is all done on purpose. And now, my friends, I finally am joined in my previous one-man crusade: Steve Wynn on board, Charles Krauthammer with a speech he gave on board saying the decline is purposeful. Chris Wallace said, "So where do you draw the line between the proper role of government in all this and the proper role of the private sector?"

WYNN: Government has never increased the standard of living of one single human being in civilization's history. For some reason that simple truth has evaded everybody. The only thing that creates an increased standard of living is giving someone a job, the demand for their labor -- whether it's you and I, Chris, or anybody else. The people that are paying the price for this juggernaut of federal spending are the middle class and the working class of America.

RUSH: Right.

WYNN: And soaring rhetoric and great speeches with or without a teleprompter aren't going to change the truth, and the truth is: The biggest enemy, the biggest obstacle that working middle-class America has is government spending. The rest here:

You know ... more and more I am being forced to believe that Obama & the Democrats ARE crushing America and its economy on purpose. You either have to think they are stupid or they're doing it on purpose ... and I don't think they're stupid at all. I think they're ideologues that have grown to hate America and capitalism. They blame the free market instead of government and its constant interference in the free market and they have, as they're objectives, the destruction of the free market and to massively increase the growth of government/bureaucracy.

By the way, that's a great article -- only one page. In it you read about the Governor of Michigan telling Steve Wynn that he's "simplistic." Got that? The Governor of Michigan? ... lecturing ANYONE about economics?

Rush has a reminder for those with amnesia.

In her two terms of governor, which will expire next year, I believe, the state of Michigan has lost 630,000 jobs. In the next 14 months it is expected that the state of Michigan will lose another 370,000 jobs for a grand total of one million jobs lost under Jennifer Granholm's governorship.

... Steve Wynn, multibillion-dollar enterprise, hires tens of thousands of people, could hire more and would love to be able to hire more, but because of government tax-and-spend policies, he can't. And on the other side, a failed governor, who's telling him that he's simplistic.

I might also add, the Fair Tax would be the single most critical thing America could do to send demand for jobs through the roof ... because every corporation with a mission statement would fight to move to America. Those corporations would need workers. When employers are fighting for employees, wages go up, working conditions are better, on and on and on.