Skip to comments.5 Questions with Mike Whalen
Posted on 06/17/2012 6:16:28 PM PDT by iowamark
You talk about government policy killing the gazelles. Whats that metaphor all about?
Every time I sit down with a business leader, I get an earful about 2002s Sarbanes-Oxley Act that dramatically altered federal accounting regulations and 2010s Dodd-Frank Act to supposedly reform Wall Street. What is so bad about these laws, and what is their true legacy for the U.S. business climate?
I remember a time when corporate leaders were a lot more outspoken against intrusive bureaucracy and laws that were harmful to business. Why are so many prominent executives hesitant to speak out to defend their own interests today?
It used to be said that, The business of America is business. Now, we have a worse corporate tax rate than Europe and businesses are strangled by miles of new red tape every year. I have had many job creators tell me that if they had to start all over again today, that creating their own company would no longer be worth all the hassle, harassment and heartache. What are the most damaging government hindrances to entrepreneurs today?
The Obama administration talks an awful lot about an economic recovery, yet the unemployment rate is still high, record numbers of Americans are on food stamps and the national debt continues to mount. What does such an anemic recovery say about the real state of our economy?
(Excerpt) Read more at washingtontimes.com ...
Brett M. Decker is editorial page editor of The Washington Times. He is coauthor of the new book Bowing to Beijing (Regnery, 2011).