Top 10 Obama anti-business, anti-job actions

[lonestar]

Top 10 Obama anti-business, anti-job actions
10/6/2012 05:41 AM


President Obama loves to complain that he inherited an economic mess. That may be true, but his wrong-headed policies have only made matters worse, taking actions that hurt businesses and stunt job growth.

1. Obamacare costs

Obamacare will impose a new cost on many small businesses that currently do not provide health insurance for their employees . The Congressional Budget Office says the bill will lead to 800,000 fewer jobs by 2020.

2. Small business tax hikes

The expiration of the Bush tax cuts for individuals making over $200,000, or families making $250,000, will hit many small business owners.

3. EPA’s burdensome regulations

Regulations promulgated by the Environmental Protection Agency put a tremendous burden on businesses, making job creation more difficult.

4. Keystone XL Pipeline postponed

Even Obama’s union supporters expressed outrage over his decision to indefinitely postpone construction

5. Boeing battle

When Boeing wanted to build a new $750 million assembly plant in South Carolina, creating thousand of jobs in the process, the National Labor Relations board stepped in, saying the move violated federal law because S.C. is a right-to-work state.

6. Capital-gains ‘fairness’

When he was running for president in 2008, Obama said he would increase the capital gains rate,

7. Off-shore drilling moratorium

After the BP oil spill in 2010, Obama placed a moratorium on deep-water drilling, devastating the off-shore oil and gas industry in the gulf coast states.

8. Dodd-Frank ‘financial reform’

By signing the Dodd-Frank financial “reform” measure into law, Obama placed yet another heavy cost on the business community. Passed in 2010 without a single Republican vote in the House, t

9. Anti-business rhetoric

Obama’s “You-didn’t-build-that” mentality diminishes the accomplishments of business entrepreneurs while exalting the role of government.

10. Business climate uncertainty

U.S. companies are sitting on trillions of dollars of cash but are not spending it to expand business or hire new workers because of the uncertainty about what government is going to do next.

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