I know of several people of considerable net worth who have already left the U.S. to settle elsewhere. I know others who have opted out of the workforce altogether to retire on what they have, knowing that their futures look grim. This morning, I listened to the founder and former CEO of The Home Depot, Bernie Marcus, explain that there is no way an enterprise such as The Home Depot could ever be founded in today’s regulatory climate. Around me, I see empty store fronts and shuttered businesses. The comments about the business climate from my contacts in California’s San Joaquin Valley are cringe inducing.
Then, via the blogs Small Dead Animals and Instapundit, I am directed this blog, linked below, describing one Alabama mine owner’s response to the current environmental, regulatory and business climate: read it carefully and read the comments.
Is Atlas shrugging?
What have all of you observed in your areas…do you have similar anecdotes to recount as well?