The Exasperation of the Democratic Billionaire…The US has fundamentally great qualities

Real-estate and newspaper mogul Mortimer Zuckerman voted for Obama but began seeing trouble as soon as the stimulus went into the pockets of municipal unions.

It certainly isn’t the America that Mr. Zuckerman discovered when he moved south from Canada (in the early 60’s)…he reports feeling immediately at home and says he never considered returning ‘because of the sheer openness and energy of life in America.’  The U.S. has fundamentally great qualities.  It’s a society that welcomes talent, nourishes talent, admires talent…and rewards talent.  But he sees potentially catastrophic political and fiscal problems.  Zuckerman reports that when he was a young man, 50% of the top quartile of graduates from Canadian universities moved to the U.S.  Now, he says, I don’t want my daughter telling me, ‘Dad, I want to move back to Canada because that’s the land of opportunity.’

~ Mortimer Zuckerman, CEO of Boston Properties

WSJ: The Weekend Interview with Mortimer Zuckerman – “The Exasperation of the Democratic Billionaire

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