If you want to know how well Obama's economic program is working, here's a hint. The economy slowed to 1.5% in the second quarter after already anemic growth of 2% in the first quarter.
Want to know the reason why? The Obama Administration, which has demonstrated their antipathy to small business with Obama's comment "You didn't build that" is drowning business in a sea of read tape. Here's a graphic to illustrate the point:
Full size image here.
Thousands of pages of new regulations put into effect by the Obama Administration cost businesses billions and limit hiring. A new study shows that even a modest 5% reduction in the regulatory burden could create over a million new jobs.
Want a good example of the kind of regulatory overreach that is typical of the Obama Administration? Rep. Mike Kelly (R-PA) was in his district in Erie Pennsylvania when he got the call that a local ballpark on opening day was being prevented from opening by a bureaucrat who said the mirrors in the men's room were 1/4" too low. Cue the player to the 2:07 mark:
You would almost think that it was Obama's "plan" to constrict economic growth and job creation. Everything he does has had that effect!