John Galt's Revenge
Not so long ago, businesses, in particular, small businesses with little protection from the government were under threat. Taxes, health care and unemployment were all going up and regulations that would stifle growth gave owners no incentive to hire or grow. Owners battened down the hatches by holding money on the sidelines and hired as few people as possible. In essence, they went John Galt, maybe not exactly along the lines of Atlas Shrugged,but for the most part, they withdrew their talents, protected their assets, and let the government feel the heat from those not able to get jobs or benefit from these companies. This heat led Obama to understand that his presidency was in jeopardy and that without the "motors of the world," he could not succeed. But more importantly, these businesses struck a blow against creeping collectivism. Good for them.
Labels: Going Galt