"And those of us who have business opportunities and the capital to do it are going to sit in fear of the President. And a lot of people don't want to say that. They'll say, God, don't be attacking Obama. Well, this is Obama's deal and it's Obama that's responsible for this fear in America"
About this Quote
Wynn isn’t describing a policy dispute so much as staging a mood: fear as the master variable in the economy. The line is built like a confession that quickly becomes an accusation. He opens with a supposedly reluctant "those of us" - a carefully inclusive phrase that turns a billionaire casino magnate into a stand-in for a wider class of job-creators. Then he pivots to a grievance about social permission: people are afraid to criticize Obama, he claims, because dissent gets policed as disloyalty. That setup lets him cast himself as the one saying what others privately feel, a classic elite-populist move.
The subtext is less "I’m scared" than "my certainty has been interrupted". In 2011-2012, with the post-crash recovery sluggish and the Obama administration pushing regulation and health-care reform, business leaders who thrived on predictability framed uncertainty as existential threat. Wynn turns that uncertainty into moral culpability: "this is Obama's deal". Not Congress, not global finance, not the hangover from the housing bubble - one person. It’s rhetorically tidy and politically useful.
Notice the emotional inversion: the powerful are positioned as the vulnerable, "sitting in fear", while the president becomes the bully figure who caused it. The aim isn’t merely to criticize; it’s to legitimize capital’s hesitation as civic alarm. If investment stalls, the implication goes, blame the climate, not the boardroom. In a single breath, Wynn converts economic self-interest into a national psychological diagnosis - and names a villain to match.
The subtext is less "I’m scared" than "my certainty has been interrupted". In 2011-2012, with the post-crash recovery sluggish and the Obama administration pushing regulation and health-care reform, business leaders who thrived on predictability framed uncertainty as existential threat. Wynn turns that uncertainty into moral culpability: "this is Obama's deal". Not Congress, not global finance, not the hangover from the housing bubble - one person. It’s rhetorically tidy and politically useful.
Notice the emotional inversion: the powerful are positioned as the vulnerable, "sitting in fear", while the president becomes the bully figure who caused it. The aim isn’t merely to criticize; it’s to legitimize capital’s hesitation as civic alarm. If investment stalls, the implication goes, blame the climate, not the boardroom. In a single breath, Wynn converts economic self-interest into a national psychological diagnosis - and names a villain to match.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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