Both an Angeleno gay libertarian (with whom I have become recently acquainted via Facebook) and one of my favorite bloggers Jim Geraghty have taken note of Wynn Resorts CEO Steve Wynn’s “passionate criticism” of the president’s economic policies:
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. . . .
Pretty much sums up, though in a far more colorful fashion the standard critique fiscal conservatives have been leveling at the incumbent administration, that it has created a climate of regulatory uncertainty, if not outright anxiety; the job creators don’t know what the government is going to do next. And they fear its next move may make it more difficult for them to innovate, expand and hire new employees.