Home Depot Founder: Obama’s Regulations Are Killing Businesses

While President Obama insists only a “balanced” approach to the debt crisis that includes higher taxes is acceptable, the founder of one of America’s most successful retail businesses claims the president doesn’t have a clue about the economy. Home Depot founder Bernie Marcus told Investors Business Daily in an interview yesterday the president hasn’t the faintest idea of how jobs are created, but businessmen are intimidated into silence about the administration’s faulty policies. According to Marcus:

They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.

While Marcus agrees resolving the current impasse on the debt is crucial, he dismisses Obama’s arguments that any solution must include higher taxes. According to Marcus, “Even brain-dead economists understand that when you raise taxes, you cost jobs.”

0
Shares
Google+ Print

Home Depot Founder: Obama’s Regulations Are Killing Businesses

Must-Reads from Magazine

John Kerry Gives the Iranian Theocrats Hope

The end of the water's edge.

It was the blatant subversion of the president’s sole authority to conduct American foreign policy, and the political class received it with fury. It was called “mutinous,” and the conspirators were deemed “traitors” to the Republic. Those who thought “sedition” went too far were still incensed over the breach of protocol and the reckless way in which the president’s mandate was undermined. Yes, times have certainly changed since 2015, when a series of Republican senators signed a letter warning Iran’s theocratic government that the Joint Comprehensive Plan of Action (aka, the Iran nuclear deal) was built on a foundation of sand.

1
Shares
Google+ Print

PODCAST: The Kavanaugh Accusation

Podcast: The claims, their legitimacy, and the potential precedent.

We devote the entire podcast today to the allegations of teenage assault issued against Supreme Court nominee Brett Kavanaugh. Are we ready to surrender the idea that a person is innocent until proven guilty, even in a non-legal proceeding? Give a listen.

4
Shares
Google+ Print

Democrats Have Disgraced Themselves over Brett Kavanaugh

Institutional collapse.

With the demise of the filibuster for judicial nominations, the Senate has become a more partisan body. Members of the opposition party no longer have to take difficult votes to confirm presidential nominees, and so they no longer have to moderate their rhetoric to avoid the appearance of hypocrisy. Many expected, therefore, that Brett Kavanaugh’s confirmation hearings would tempt Democrats to engage in theatrics and hyperbole. Few, however, foresaw just how recklessly the Judiciary Committee’s Democratic members would behave.

228
Shares
Google+ Print

What Is Going on in Sunspot, New Mexico?

A mystery.

While the nation’s attention is focused on the Carolina coast, something very odd is happening across the country in Sunspot, New Mexico.

49
Shares
Google+ Print

You Haven’t Seen Anything Yet

It's not paranoia if they're really out to get you.

Americans awoke Thursday morning to a familiar noise: The president of the United States waxing conspiratorial and declaring himself the victim of a nefarious plot.

20
Shares
Google+ Print