Robust growth? You've got to be kidding me.
There will be no robust growth. Not when every minute of every day that the Congress is in session, bad ideas keep popping up to destroy, kill, and eliminate any possibility of growth.
Why would you create (or grow) a business, take the risk, dedicate 100 hours a week of blood and sweat, and the remaining 68 hours of the week to sleepless nights, if the government is claiming the right to come in and nationalize it? Sure, they're just talking about the "too big to fail" companies now, but down the line? When you hope to be a not-small company owner?
And what business person in their right mind, faced with this kind of political hurricane--not to mention Sarbanes-Oxley--would take their company public in this atmosphere? And why, if you are a company with 49 employees would you ever consider adding #50, when half of these new regulations and requirements kick in at the 50-employee level?
And how in the world did we get to the point where "nationalize" is a part of the American political world? South American I could believe, Central American sure, but US-American?
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