The Obama Economy and Self-Imposed Headwinds

As Instapundit says, great cartoon. But even better is the great first comment.

Until the last three years, I never really understood the amount of hatred that has been taught and fomented towards people who make business their career. As an entrepreneur, I always presumed that–in building products that customers decided created value for them–I was creating a social good. I never expected a medal or a parade, but I thought there was some generally accepted belief that what I was doing was a net positive. And so I happily toiled away, getting immense personal joy from building companies.
What an idiot I was ! It has become clear that we have an entire generation (or two?) or university grads indoctrinated to believe that all business is exploitation. It seems that the implosion of the Soviet system only served to remove the “reality check” from the preachers of Marxists/Critical Theory who dominate the American university, and the result was a generational army for Obama.
Note to Leftists: when the U.S. government declares “WAR” against business people, we don’t fight back….we just quit. One result–my annual federal income tax payments: 2007 > $500,000; 2008 > $500,000; 2009 = $0; 2010 = $0; 2011 = $0 (actually, I expect a rebate/credit of over $20,000).
Why should I risk my savings and work 100+ hours/week, when I can just buy gold and profit from the U.S.’s devaluation and dilution of its currency? Why should I innovate in building a business, when I can profit more and risk less by innovating in tax strategies and macro/currency trading?
I no longer feel any responsibility to create jobs and investments in the US–it’s hard to generate patriotic loyalty to a country whose leadership has declared me “the enemy”.


Can you say “Going Galt”? I know you can. Does it leave a bitter taste in your mouth?

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