Capital Will Flee

Obama's America is shaping up to be so devastatingly unfriendly to business and capitalism that capital will, and should, flee these shores. If I were the CEO of a large company, I'd be focusing on my non-US projects in the coming years. When the newspapers call up wanting to know why they are investing and hiring abroad, they should confidently say, "We can't do business in Barack Obama's America. It's a losing proposition."