Obama’s Waterloo
“If you’ve got a business, you didn’t build that. Somebody else made that happen.” So said President Obama July 13 in a speech at Roanoke, Virginia. And with those words, he cast aspersions on all of America’s business owners, denigrating their hard work, intelligence, leadership and vision, implying whatever they accomplished, got served to them on a silver spoon. Obama’s administration has been openly hostile to businesses from the get-go, imposing vast reams of regulations that have contributed to the country’s economic malaise and abysmal job-creation record. But by so nakedly expressing the anti-capitalist ideology behind his policies, Obama has met his Waterloo.
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