From Coyote:
Over the last year the Congress and Administration have:
- Printed trillions of dollars of new money, raising the risk of future inflation
- Borrowed trillions of dollars, sucking capital out of private lending markets
- Run up deficits that pretty much guarantee future tax increases
- Toyed with health care bills that will substantially increase the cost of labor
- Toyed with climate bills that will substantially increase the cost of fuel and electricity
- Demagogued industries with average to below-average profitability
for making obscene profits that must be reduced (e.g. health insurance
companies who make 3-4% of sales)
- Taken over whole industries (autos, banks) and run them to the
benefit of favored political constituencies, even when it violates the
law (e.g. trashing for secured creditors of auto companies in favor of
the UAW).
- Demonstrated a disdain for money-making by imposing populist
compensation limits on executives of out-of-favor companies and
industries.
- Spent money in the stimulus mainly to add government jobs, every
one of which is generally focused on making my life running a business
harder. If you do not understand or believe this, you have not run a
business that employs people.
- Shown a general philosophic hostility towards markets and capitalism
