Businessmen Aren't Marionettes

The Weekly Standard ^ | July 12, 2011 | Jim Prevor

[JimPrevor]

Alan Blinder’s Wall Street Journal column today, “Our National Jobs Emergency,” unwittingly provides an answer to why all the Obama administration’s machinations to improve our economy have failed. Professor Blinder is surely a smart guy, but, like the president himself, he seems to view businesspeople as marionettes, thinking that politicians can pull a string and get people to respond in a specific way.

[JimPrevor]

...the fact that the government might do it, that learned people suggest such things and politicians consider them, sends the message to businesses that they are vulnerable and that the government might decide to impose policies that would unfairly burden their particular business.

That message screams out: Don’t invest, play it safe, take your money off the table.

[familyop]

Of course not. Politicians are marionettes of government-linked businessmen.