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Wednesday, July 25, 2012

The War on Prosperity

It's not just President Obama's infamous "You didn't build that" speech that reveals his hostility to entrepreneurship and old-fashioned American initiative. This chart from National Review Online illustrates just how much of a drag chain this Administration is on businesses, large and small - and on us, the consumers and taxpayers:

With devastating clarity, it illustrates the miles and miles of red tape that bind the hands of entrepreneurs and CEOs like those of hijacked jet passengers. Regulation is a major and mounting cost that consumes scare resources — namely growth capital, management time, and basic patience….

There has now been a 52 percent increase in major regulations or red tape in [Obama's] administration and more regulations on the books than in any time in the history of America.

These regulations are the tentacles that the Administration is using to strangle the economy, push through Agenda 21 policies, wage the "War on Coal," etc., all of which will hit you in the pocketbook. Get ready for your utility bills to skyrocket. And stay tuned for more local action alerts to fight the "War on Coal" in Ohio.

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