When we arrived in St. Michael’s, we tied up and stopped for lunch at a crab house. Normally, there would be standing room only at this popular eatery. This day, there were six to eight empty tables.
There were lots of empty boat slips there. And many boats were being offered for sale.
They had names like Live Wire—not too lively. Dream On was tied up next to Compromise. Less Business seemed to be a complaint, not a pleasure craft.
When the boating industry hits a slump, it’s not just the rich who are hurt. Young people who work in the boatyards, wait tables in the seafood restaurants, and staff the Marinas—all these are affected, too. It’s fun, no doubt, to yell “Soak the Rich,” but it’s the rest of us who usually get all wet from the politics of envy. This is the real-world impact of Obama’s economic policies. As Winston Churchill once put it: “Capitalism is the unequal sharing of blessings; socialism is the equal sharing of misery.”
As a candidate, Barack Obama promised that the day he was nominated was the day the seas would cease to rise. Well, they have. It seems he has effectively stilled the waters of the Chesapeake Bay.
There was one hopeful sign we saw that day: Billboards for the forthcoming congressional elections. I have never seen campaign signs go up this early for a midterm election. That suggests that people are hoping for change on November 2nd. Now, that should make some waves.
In Honor of His 103rd Birthday, Here Are The 20 Best Quotes From The Late, Great Milton Friedman | John Hawkins