Posted on 10/11/2009 2:44:51 PM PDT by Son House
Businessman Steve Wynn, Chairman and CEO of Wynn Resorts, agreed the most powerful tool the government has is its tax policy.
"The priorities of the administration should have been more directly focused on job creation from the day of the inauguration forward. That's the thing that changes America," Wynn said.
"If the government had used its power to restrain its tax collection, they would have given everybody who runs small businesses, large businesses, a chance to hire more people," he added.
Wynn claimed, "Government has never increased the standard of living of one single human being in civilization's history."
Republican Gov. Mitch Daniels of Indiana, pointed to his experience of erasing the deficit and creating jobs without raising taxes.
"We're in the middle of the biggest road-building, infrastructure- building, project in state history. We did it without a penny of taxes or borrowing," Daniels told FOX News Sunday.
Top economist Mark Zandi claims the stimulus is working because of the benefits and tax cuts provided to individuals and businesses.
"Of the $787 billion stimulus package, $300 billion of that was tax cuts to individuals and to businesses, Cash for Clunkers, tax credits for home purchases," Zandi said. "Almost every state governor would say that they've been helped by the stimulus quite significantly. They'd be cutting even more aggressively if not for that."
Zandi, who helped Congressional Democrats write the first stimulus, alluded to a possible second stimulus, but favors extending specific aspects of the current plan.
"I think the housing market could also use some more help through an extension of the first-time home buyer tax credit into next year to try to keep this recent stability in housing values permanent," Zandi suggested.
Although according to Zandi, the recession is over.
(Excerpt) Read more at fns.blogs.foxnews.com ...
I’d never heard of Steve Wynn, but I’m a big fan now. Everything he said made perfect sense. And JGranholm didn’t care for him at all
I watched this. Granholm of Michigan is such an idiot still touting her green jobs. Limbaugh raked her over the coals for her claim of creating 40,000 new “green” jobs over the next 11 years. The people of Michigan are just plain stupid.
Take a trip to Vegas. He is capitalism with a Capital “C”.
I saw the exchange between Wynn and Granholm and commented on it earlier today. Priceless!
And Zandi is the typical incompetent, idiotic economist.
Someone should have thrown in a white towel from off camera; would have been great.
Vegas gave little money to Obama. It’s why Obama attacked the trips to Vegas by corporations. The problem for Obama is that it was the workers he affected, not the owners.
Obama is a very petty man.
Wynn “the truth is the biggest enemy, the biggest obstacle, that working middle class America has is government spending.”
^
Because somebody is going to have to produce something to meet the irresponsible Obama/Democrat budget
“Top economist Mark Zandi claims the stimulus is working”
He meant his Cialis, not the Obama redistribution program.
“He is capitalism with a Capital C.”
a big hotel empire down there?
Bookmark: Wynn on FNS
He nailed it alright.
I saw it too. He said why would one concentrate on things like healtcare and green initiatives in this economy? It doesn’t make sense. The top priority should be creating jobs.
I commented earlier that I can’t take watching the Sunday morning shows much longer. All I can think as I watch is “we are so screwed.” The media elite talk about the political elite, deciding what’s best for the rest of us. They have no clue what is going on. And they don’t care because they won’t be effected by the policies they put in place for the rest of us.
It's a decent place.
I know! I think the same thing and it makes me so angry!
.
WYNN = CLARITY
OBAMA = Anti CLARITY
By design.
.
Is’nt Wynn a bid time democrap?
.
Post No. 54 =
What true American CLARITY looks like.
Such beauty..???
.
Research arm ping. ;’)
You may remember a couple of years ago when a painting, Picasso's "Le Reve", was going to be sold for $100 million+, but the owner accidentally put his elbow through it - creating a devaluation of some $40 million. That owner was Wynn, who also happens to be losing his sight and may actually be legally blind already, and he did it accidentally when he backed into the painting. He suffers from retinal degenerative disease that he's battled since he was a teenager.
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