"The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don't invest, their holding too much money. We haven't heard that kind of talk except from pure socialists. Everybody's afraid of the government and there's no need soft peddling it, it's the truth. It is the truth"
About this Quote
Wynn’s line lands like a warning shot from the executive suite: not an argument about policy details, but a performance of alarm meant to frame a political opponent as ideologically dangerous. The phrasing is tellingly slippery. “The guy” shrinks the president into an unnamed agitator, while “keeps making speeches” suggests relentless propaganda rather than governance. Then comes the jump-cut: “redistribution” to “pure socialists,” a leap designed to collapse a spectrum of mainstream economic ideas into the scariest label available to a business audience.
The subtext is less about socialism than about leverage. Wynn is defending the prerogative of capital to sit still. By bristling at talk of “do something to businesses that don’t invest,” he’s protecting the right to hold cash, delay hiring, wait out regulation, and treat “investment” as optional rather than civic duty. When he says “Everybody’s afraid of the government,” he’s also describing a useful mood: fear becomes a rationale for caution, which becomes a rationale for profit-preserving inertia.
What makes the quote work is its calculated bluntness. “No need soft peddling it” is a bid for credibility through tough-guy candor, the CEO as truth-teller in a room of polite euphemisms. The repetition - “It is the truth. It is the truth” - isn’t evidence; it’s a closing tactic, a way to end debate by declaring the emotional temperature itself as proof.
Contextually, this is recession-era and post-crisis anxiety reframed as persecution: business not as a powerful actor shaping policy, but as a skittish victim of an overreaching state. Wynn isn’t just critiquing government; he’s policing the boundaries of acceptable economic language.
The subtext is less about socialism than about leverage. Wynn is defending the prerogative of capital to sit still. By bristling at talk of “do something to businesses that don’t invest,” he’s protecting the right to hold cash, delay hiring, wait out regulation, and treat “investment” as optional rather than civic duty. When he says “Everybody’s afraid of the government,” he’s also describing a useful mood: fear becomes a rationale for caution, which becomes a rationale for profit-preserving inertia.
What makes the quote work is its calculated bluntness. “No need soft peddling it” is a bid for credibility through tough-guy candor, the CEO as truth-teller in a room of polite euphemisms. The repetition - “It is the truth. It is the truth” - isn’t evidence; it’s a closing tactic, a way to end debate by declaring the emotional temperature itself as proof.
Contextually, this is recession-era and post-crisis anxiety reframed as persecution: business not as a powerful actor shaping policy, but as a skittish victim of an overreaching state. Wynn isn’t just critiquing government; he’s policing the boundaries of acceptable economic language.
Quote Details
| Topic | Equality |
|---|
More Quotes by Steve
Add to List



