Investors.com "...The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing. But Marcus says Home Depot "would never have succeeded" if it launched today due to onerous regulation."....
Every day you see rules and regulations from a group of Washington bureaucrats who know nothing about running a business. And I mean every day. It's become stifling.
....
IBD: President Obama has promised to streamline and eliminate regulations. What's your take?
Marcus: His speeches are wonderful. His output is absolutely, incredibly bad. As he speaks about cutting out regulations, they are now producing thousands of pages of new ones. With just ObamaCare by itself, you have a 2,000 page bill that's probably going end up being 150,000 pages of regulations.
....
IBD: If you could sit down with Obama and talk to him about job creation, what would you say?
Marcus: I'm not sure Obama would understand anything that I'd say, because he's never really worked a day outside the political or legal area. He doesn't know how to make a payroll, he doesn't understand the problems businesses face. I would try to explain that the plight of the busi nessman is very reactive to Washington. As Washington piles on regulations and mandates, the impact is tremendous. I don't think he's a bad guy. I just think he has no knowledge of this.
Let me repeat those last words in case you didn't hear them the first time:
http://townhall.com/political-cartoons/lisabenson "I'm not sure Obama would understand anything that I'd say, because he's never really worked a day outside the political or legal area. He doesn't know how to make a payroll, he doesn't understand the problems businesses face. "
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