More and more data is being accumulated pointing to this administration’s ignorance, callousness, or outright distaste of the business world. Pursuing an idealistic dream, this administration has made it harder and harder for businesses to grow and our economy is suffering because of it. Obama’s lack of business experience has produced policies and regulations showing little consideration for businesses. Obamacare, dubiously hailed as an Obama success, is one of the main attacks on business.
From George Will
CKE Restaurants…would thrive, says CEO Andy Puzder, but for government’s comprehensive campaign against job creation…Obamacare must mean fewer restaurants…Puzder laughs about the liberal theory that businesses are not investing because they want to “punish Obama.” Rising health care costs are, he says, just one uncertainty inhibiting expansion…Others are government policies raising fuel costs, which infect everything from air conditioning to the cost (including deliveries) of supplies, and the threat that the National Labor Relations Board will use regulations to impose something like “card check”…
In an economic climate of increasing uncertainties…one certainty is that many businesses that now are marginally profitable will disappear when Obamacare causes that margin to disappear. A second certainty is that “employers everywhere will be looking to reduce labor content in their business models…Barack Obama has written that during his very brief sojourn in the private sector he felt like “a spy behind enemy lines.”… Americans who are unemployed, underemployed or too discouraged to look for employment know what it feels like to be collateral damage in the regulatory state’s war on business.
Read Will’s column here: Government’s War on Business