Monday, June 6, 2011

Atlas Strikes?

Business went on a hiring strike, writes Michael Barone, after Obama "delivered a ballyhooed speech at George Washington University" on April 13:
After April 13 Obama Democrats went into campaign mode. They staged a poll-driven Senate vote to increase taxes on oil companies [and] began a Mediscare campaign against Ryan's budget resolution that all but four House Republicans had voted for. The message to job creators was clear. Hire at your own risk. Higher taxes, more burdensome regulation and crony capitalism may be here for some time to come...

Wall Street Journal reporter Kim Strassel called businesses' defensive reaction a "capital strike" (Fox News Sunday, 6/5):

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