Victor Davis Hanson "The private sector has now begun collating Obama’s public statements, the political significance of hyper-debt, the force of his new regulations, the constant talk of higher taxes, and the array of strange appointees.
"On the one hand, our Atlases are productive, entrepreneurial people who appreciate the singularity of the American experiment and the opportunity to profit and thrive, even when coming out of a severe recession. Real opportunity, they know well, is often best found in crises, not just in continued prosperity.
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| Atlas holding up the world |
"But on the other hand, they are deeply worried that the rules of the game are changing for only the second time in American history and that they are unliked, targeted and to be punished for being successful. The result is not that the private sector is fleeing the U.S. (where would one go?). Nor are entrepreneurs and go-getters shutting down their businesses that they have built from the ground up.
"Instead, what we are witnessing is a sort of shrug, a pause, best summarized millions of times over as something like “I’m hoarding cash, hunkering down, and am going to wait this bad bunch out.”
"So the globe is tottering as the tired-of-it-all American Atlas has finally sorta shrugged."
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