A. President Obama is inaugurated.
B. President Obama signs Obamacare into law. Thousands of pages of law and tens of thousands of pages of regulations (which have yet to be completed) have thrown large regulatory roadblocks at small businesses and either prevented hiring, forced layoffs or compelled the move of workers from full-time to part-time.
C. President Obama signs the Dodd-Frank financial reform bill into law, which prosecutes not a single banker and also fails to address the cause of the mortage meltdown, Fannie Mae. Just this month, the federal government itself admitted that "no one has any idea what compliance with financial regulations, including the Dodd-Frank financial reforms, actually costs."
D. President Obama signs an Executive Order creating a de facto "DREAM Act" amnesty for illegal aliens in the United States, bypassing a Congress that was unwilling to pass legislation to do so.
And a postscript: Obamacare really doesn't even fully kick in until January 1st 2014. Combined with "Comprehensive Immigration Reform" and untold new EPA regulations headed at energy companies, this administration appears bound and determined to crush entrepreneurship in the U.S.
Gird your loins.
2 comments:
Humble suggestion:
Point A should be from the 2008 election. Companies start adjusting their plans after the winner is known in November. Looking closely at the chart there is a distinct break downward from the previous trend at about that time.
Do you think they don't already know this? The US is doomed - too many people with their hands out who pay nothing but you are on the hook to support. I have already looked into renouncing my citizenship and leaving this doomed country, of course most people don't know there is already a movement - just like in Nazi Germany when the fascists took over - to make you pay an exorbitant "exit tax"... Fortunately, I've already off-shored most of my sources of income...
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