I have developed the 7-11 challenge: I will quit making fun of, for example, Dennis Kucinich, if he can prove he can run a 7-11 properly for 8 hours. We'll even let him have an hour or so of preparation before we open up. Within 8 hours, the money will be gone, the store will be empty, and he'll be explaining how three 11-year olds came in and asked for the money and he gave it to them. -- Ann Coulter
One of the biggest problems with many of the politicians in D.C. is that they have come to believe that because they've had a little success in their lives, they're smarter than everyone else and can run people's businesses better than they can do it themselves.
In actuality, even if they were smarter than most other people, which isn't true just because their sycophantic aides tell them it is, experience usually trumps brilliance. In other words, a politician like Barack Obama who has never run a business, is making and breaking companies from Washington with bail-outs, laws, and regulations, despite the fact that he has very little idea of what the real world impact of his actions will be.
Meanwhile, people are wondering why corporations are hunkering down, hoarding cash, and refusing to hire people right now. The biggest reason for it is sitting in the Oval Office. At any moment, Obamacare may have some unknown complication, a government agency may implement some incredibly costly new regulation, the White House may go after them to help a connected Democrat donor, or Obama may impose a new tax in the name of "fairness."
Here are just a few examples that show you how little Barack Obama really knows about business.
Democrats Remain Silent as Obama Economy Kills Jobs, Freezes Wages Amid More Layoffs to Come | Donald Lambro