QuestionerThe president's approval rating is at 40 percent. Steve Wynn said Obama is the biggest wet blanket to the economy. Other countries are lowering taxes and reducing debt. You have Obama's year. The train's going in the wrong direction. Can you conduct Obama to change the train's direction?
OtherDoug, I think I'll let you communicate with him directly.
WarrenI don't agree with a number of things you've said there. American businesses is doing extraordinarily well. Many of the American people are not, and I think Obama cares more about doing something for them than many other people would, but we're going to have a difference of opinion on politics, and I'm not going to convince you and you're not going to convince me. But I will say that anyone. Anybody that thinks American business is not doing well should just look at corporate profits. Anybody thinks corporate taxes are too high should look at a chart of corporate taxes as the percentage of GDP since World War II. And it's come down from 4% of GDP to 2% of GDP while many other forms of taxes have obviously increased. And American business. business earnings on net tangible assets, which is the way to measure profitability overall, you know, it's basically the envy of the world. I mean, we have extraordinary returns on tangible assets, net tangible assets in this country. And our tax rates now for corporations are far lower than when Charlie and I were operating and American business actually was doing pretty good then, but much of our life, taxes were at, corporate taxes worthy at 52% or 48%. But I don't want to try and convince you because I don't want you to try and convince me.