Obama Scares Off Business

22 02 2010

H/t goes to Dave of Daves Notepad for sending this piece to me.

Honest leadership my ass!

Think about an overseas company wanting to move to the USA because we are such a business friendly nation. Then a radical gets elected president of the United States. You (the company) decides to wait for 12 months to see how the new president will react to the business sector. In those 12 short months you have learned that this new president of the USA is a radical Marxist, and just this one factor decides for you that moving to the US is out of the question. Your final decision is written in a short memo by the Company CEO… “Our recent decision to cancel our move to the US was a practical one. We already know what a Marxist-light existence is like, so the decision was to stay here and deal with the Marxists we know, than move to the US and deal with the Marxist we don’t know.”

Granted, there are quite a few other reasons why this president is un-friendly to business, but they all fall back on his Marxist beliefs. As another example… Obamacare! Businesses in and out of the US are being careful with any expansion plans because they don’t know how much Obamacare is going to add to the cost of doing business. You can list the reasons as to what Obama is planning or doing, that would scare off businesses, and it can be hung on Obama’s radical belief in Marxism. Below is a short article that backs up some of what I’m trying to convey.

Gio-

Why The Jobs Aren’t Coming Back

Posted by Erick Erickson (Profile)

Sunday, February 21st at 11:24PM EST

The Politico has an interesting story about Toyota up. It seems the company does not much care for this administration.

Internal Toyota documents derided the Obama administration and Democratic Congress as “activist” and “not industry friendly,” a revelation that comes days before the giant automaker’s top executives testify on Capitol Hill amid a giant recall.

It is not, however, just Toyota. Lots of businesses and industries are feeling the same way. In large part, this is why the jobs are not coming back. Businesses are deeply, deeply worried about the activist bent of the Obama administration and the anti-free market stance it has repeatedly taken on issues. The uncertainty and antagonism are causing businesses to keep money on the sidelines.

Last night I talked to a friend of mine. He said a business in his state has put a major new business development on hold because of the Obama Administration’s stance on carbon emissions. The company could move everything to another country and be perfectly happy with less environmental restraints, or it could keep everything in the U.S., comply with existing environmental laws, and create American jobs. But because Obama and the EPA are headed in the direction of even more regulation and expense, the jobs might go overseas.

Right now the Obama administration is excelling at two types of job creation programs: government jobs and jobs overseas away from the American regulatory regime.

Until the White House and its minion signal a willingness to work with businesses and not hurt businesses, the jobs will not come back. Toyota is not alone

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