Wednesday, October 3, 2012

The states are awaiting the fate of the fiscal cliff, too « Hot Air

The states are awaiting the fate of the fiscal cliff, too « Hot Air: "While the Obama administration has conspicuously failed to produce the levels of economic growth, job creation, (specifically, “green” jobs), deficit reduction, bureaucratic transparency, and etcetera that we were initially promised, there is at least one thing they haven’t failed to supply in spades. The grand effect of ObamaCare, Dodd-Frank, the EPA, and President Obama’s other power-tripping bureaucratic extensions still writing new rules and regulations on the regular is the massive imposition of uncertainty on the private sector. The more variables there are, in this case via taxes and red tape and compliance costs, the less likely people are to take the risks that create jobs and grow businesses both large and small. It’s no good preparing for the future when you’ve no idea what the future is going to hold."

'via Blog this'

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