As the president doubles down on regulation -- from labor, to carbon, to health care "reform" -- business owners are crying foul. Regulation and the costs associated with it are all but incalculable, and are killing the very job creation on which President Barack Obama says he is focused "like a laser."See CKE Restaurants: according to a release from the House Committee on Oversight and Government Reform's "American Job Creators" initiative, CKE owns or franchises 3,182 restaurants under the Carl's Jr. and Hardee's brand names nationwide, employing more than 70,000. Each new restaurant generates roughly 25 new jobs and pumps more than $1 million into the surrounding community.
According to the release, to comply with just one of the hundreds of new regulations in the health insurance law CKE will be forced to spend approximately $1.5 million to replace all restaurant menus. That equals 17 percent of what the company invested in new restaurants in 2010.
Good article at link on why the regulations and taxes are killing the free market. Obama and congress are why the economy is sputtering and dying. They are the cause. They need to go.