The owner of Home Depot on the Obama Administration crippling business.
IBD: President Obama has promised to streamline and eliminate regulations. What's your take?
Marcus: His speeches are wonderful. His output is absolutely, incredibly bad. As he speaks about cutting out regulations, they are now producing thousands of pages of new ones. With just ObamaCare by itself, you have a 2,000 page bill that's probably going end up being 150,000 pages of regulations.
Ouch. As to whether he is right or wrong, it strikes me the proof is in the pudding - the unemployment rate.
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