Tag Archives: Job Creator

Democrat CEO: business community is “frightened” of Obama administration

From Seeking Alpha, a rant by Democrat CEO Steve Wynn of Wynn Resorts. (H/T Business Insider via ECM)

Excerpt:

I believe in Las Vegas. I think its best days are ahead of it. But 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 and nothing’s going to get fixed until the President himself steps up and wrangles both parties in Congress. But everybody is so political, so focused on holding their job for the next year that the discussion in Washington is nauseating.

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.

You bet and until we change the tempo and the conversation from Washington, it’s not going to change. 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, God, don’t be attacking Obama. Well, this is Obama’s deal and it’s Obama that’s responsible for this fear 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. 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.

A glimpse into what’s going on in the business community.

Do right-to-work or forced union states create more high-paying jobs?

Neil Simpson writes about a CNBC report entitled “America’s Top States for Business 2011“. At the top of the list: right-to-work states where workers are not forced to join unions that collect union dues to support Democrat policies like amnesty for illegal immigrants, taxpayer-funded abortion and legalizing same-sex marriage.

Here are the criteria used to rank states in the CNBC survey:

  • Cost of Doing Business
  • Workforce
  • Quality of Life
  • Economy
  • Transportation & Infrastructure
  • Technology & Innovation
  • Education
  • Business Friendliness
  • Access to Capital
  • Cost of Living

Red State writes:

When it comes to America’s Top States for Business 2011, when it comes to a quality workforce, 18 out of the top 20 states are Right-to-Work states. Moreover, all 22 Right-to-Work states are in the top 25 states for having the best workforces.

CNBC defines its criteria as this:

Many states point with great pride to the quality and availability of their workers, as well as government-sponsored programs to train them. We rated states based on the education level of their workforce, as well as the numbers of available workers. We also considered union membership. While organized labor contends that a union workforce is a quality workforce, that argument, more often than not, doesn’t resonate with business. We also looked at the relative success of each state’s worker training programs in placing their participants in jobs.

Since nine out of 10 of the states cited for having the best education are not right to work states, it appears that those who receive their educations in forced-union states get smart, pack up and leave, leaving the not-so-smart union extremists to invent myths about their own superiority while they pay their forced union dues.

And here’s a map of right to work states:

Right to Work State Map
Right to Work State Map

Notice that they are mostly Republican states, because are the states that are run by economists and people with business experience – people who know how to create jobs, as opposed to giving speeches that demonize and threaten the people who create jobs.

Doug Ross posted these charts a while back that show that employees also do better in right to work states. There are more jobs being created, and the income growth is higher than the forced union states.

Employment growth:

Right To Work States: Employment Growth
Right To Work States: Employment Growth

Income growth:

Right To Work States: Income Growth
Right To Work States: Income Growth

The only losers are the unions. In right to work states, businesses and workers WIN.