Tuesday, June 22, 2010

Job Creators in Revolt

Ladies and Germs, I've been telling you and telling you and telling you that Obama has been waging war on American business. Business leaders have been treading lightly in order to try to work with the new regime because, as has always been the case, you want to have a seat at the table because it pays off. In the case of this administration and this Congress, it doesn't pay off - they are so inherently anti-business that a seat at the table means nothing, less than nothing actually as it means you get excoriated on camera. So business is finally pushing back and taking the 10% unemployment rate and jamming up the politicians asses. Ivan Seidenberg, the CEO of Verizon and Chairman of the Business Roundtable, laid into Washington yesterday. Like many CEOs, Seidenberg has to contend with terrible macro-economic policy as well as a full frontal assault on his industry by regulators (rogue regulators to boot). It is about time. The Democrats have placed a boot on the throat of American business when what was needed was a hand up, thus we have 10% unemployment that is now structural (meaning it won't go away easily) rather than cyclical. I don't know this moron in the White Houes thinks he's going to succeed with all the job creators in the land in revolt.

UPDATE: Seidenberg is a blunt, blunt New York kinda guy. Listen to southern gentlman Fred Smith say the same thing.

0 Comments:

Post a Comment

<< Home