We all know that its costly liberal regulations that are killing small business in this country. We know it has nothing to do with wages declining for the last thirty years or the move(thanks to our insane free trade agreements) from a manufacturing society to a service society or the decline of unionization in our country. None of that has hurt us at all, it is strictly the overbearing burden of regulation of business(all of which has been forced upon us by liberal politicians) that has cost us jobs and kept us from recovering.
Just ask Kevin O'Leary from ABC's Shark Tank:
In this clip, successful investor Kevin O’Leary from ABC’s hit show “Shark Tank” eloquently and persuasively destroys many of the myths of the “1 percent” and describes in personal detail how many of the small businesses he works with have to spend nearly $20,000 to $30,000 a year complying with federal regulations.
O’Leary is spot on, confirming Heritage research finding that “during President Obama’s first four years in office, the annual regulatory burdens on Americans increased by nearly $70 billion.”
Then self proclaimed Mr. Wonderful issued a challenge:
O’Leary challenges President Obama to hear for himself the adverse impact of federal regulations on America’s small businesses. These are the hard-working men and women, O’Leary says, who will create jobs.
Being a supporter of President Obama, I thought I would take him up on that! Unfortunately the first person I went to talk to....cant:
Three weeks after falling from the Opa roller coaster at the Mt. Olympus a 63-year-old man remains in an induced coma.
Tony Theisen was visiting Wisconsin Dells with his wife Kay along with another couple.
"Toward the end, one of the last turns of the ride he was ejected off the ride and he was thrown 17 feet," said Todd R. Korb, an attorney representing the family. "He hit a number of times as he went down and when he hit the ground he hit with his head right on a metal bar and he suffered a skull fracture. He has a fractured scapula, four fractured vertebrae, fractured toes, a fractured finger, dislocated shoulder, but he’s had a traumatic, very life-altering brain injury."
Korb said a safety test was conducted on the Opa roller coaster on March 25. Sand bags were placed on the ride to simulate the approximate weight of Theisen.
Korb said when the ride reached the point in the track with Theisen was ejected, the lap bar opened up.
A report on the accident blames a faulty lap bar for allowing Theisen to be ejected.
Then I thought I could wait on Mr. Thiesen so I tried to track down 13 other people who might be experts on the subject of too much Government regulation. It turned out they were not able to talk to me either.
Federal safety regulators received more than 260 complaints over the last 11 years about General Motors vehicles that suddenly turned off while being driven, but they declined to investigate the problem, which G.M. now says is linked to 13 deaths and requires the recall of more than 1.6 million cars worldwide.
I will keep on the lookout for more people who can tell me the awful burden of regulations on business! In the meantime, turn into ABC's Shark Tank where Mr. O Leary will take a great idea from a desperate entrepreneur and turn it into millions and then ship all of the jobs overseas and screw over the orignator of the idea! Its classic TV Viewing.
One last clip from Mr. Wonderful: