What's stopping job creation? Too much regulation

Earlier this year, former Obama donor and CEO of Darden Restaurants, Clarence Otis Jr.met with the president to talk about putting Americans back to work. (It’s the parent company of Olive Garden, Red Lobster and LongHorn Steakhouse, so they have created a job or two in their time.) One has to wonder how well he thought that meeting went, given the recent editorial he penned for CNN

http://hotair.com/archives/2011/12/08/f ... ling-jobs/

Orlando (CNN) -- "Businesses adding jobs" is a headline every elected official loves to read. Sadly, it's one that's getting harder and harder to find because of a policy and regulatory landscape that makes it increasingly difficult for businesses to see why and where creating new jobs makes sense.

Regulatory mandates flowing from federal health care reform may be the most visible, but the list also includes measures such as new mandatory paid leave provisions that require us to change the way we accommodate employees who need to take time off when they are ill and ever more unrealistic requirements regarding employee meal and rest breaks that, in California for example, force our employees to take breaks in the middle of serving lunch or dinner.

The cumulative effect of these regulations, however, is significant damage to the hard-working Americans who are the intended beneficiaries.

Editor's note: Clarence Otis Jr. is CEO of Darden Restaurants, parent company of Olive Garden, Red Lobster and LongHorn Steakhouse. He is a member of the board of the Federal Reserve Bank of Atlanta.

http://www.cnn.com/2011/12/06/opinion/o ... hpt=us_mid

Looks like Obama's friends are getting a bit testy. Now, don't say anything negative about Clarence Otis Jr. and this article. He's black and any complaints will be seen as racist.

No... It isn't... Regulations account for a minute percentage of job-creation. What is stopping job-creation is that businesses are sitting on TRILLIONS of dollars and hoarding it instead of using it to create jobs.

But rave on...

Wrong Liberals GOP Twin ..Theres not enough demand...Companies are meeting all our demands right now and they will not expand unless there more demand for thier consumer goods and services..Corporate America is sitting on trillions of dollars right now, they don't need a tax break to add to the pile, they need more demand. More money in the people pockets..

BEARS wrote: Wrong..Theres not enough demand...Companies are meeting all our demands right now and they will not expand unless there more demand for thier consumer goods and services..Corporate America is sitting on trillions of dollars right now, they don't need a tax break to add to the pile, they need more demand. More money in the people pockets..

Exactly... Like my friend whose music store closed... He wasn't over-taxed, or over-regulated... He didn't have enough demand from people who still had jobs and money to spend.

The republican/corporate war on our wages and comphensation has backfired on them, and lowered our quaility of life, and resulted in monopolies like Walmart. Its all bad

LadyJazzer wrote: No... It isn't... Regulations account for a minute percentage of job-creation. What is stopping job-creation is that businesses are sitting on TRILLIONS of dollars and hoarding it instead of using it to create jobs.

But rave on...

Right... you know much more than the CEO of a one of the largest restaurant chains in the country. You should be a CEO yourself. After the great advice you didn't give your music store owner... I wouldn't give the time of day for your opinion above. Lousy deflection... typical of you though.

Yeah and according to criminals the laws and regulations are too restrictive too TLGT

lol

Moron

BEARS wrote: The republican/corporate war on our wages and comphensation has backfired on them, and lowered our quaility of life, and resulted in monopolies like Walmart. Its all bad

Guess what snowflake? Your quality of life is dependent on what you take from life. No one owes you diddly-squat. You don't like Walmart, then don't shop there. But don't waste our time whining about it. I like big rich people and big rich companies. You know what jerk-wad, I make money off of rich people. You see, I have these skills that rich people and rich companies want, and they are willing to let me take their money from them in return for my skills. And if I find that my skills are suddenly not needed, then I go out and get NEW skills and find new rich people and rich companies that want to let me take their money from them for using my NEW skills. And that's the cycle of life. Where in f'king anyones name do you think that you're owed anything but life liberty and the pursuit of happiness.

Emphasis on PURSUIT. That's ann action verb Sally, you have to get off your ass and pursue something if you want it... not expect it to be handed to you in an entitlement. War on your wages and compensation (what the sh*t is "comphensation")? You lost the war yourself.

Isn't is pretty darned obvious even to righties that CEOs see a perfect opportunity to talk the public and Congress into accepting cuts in regulations and even minimum wage at a time when the public and Congress are desperate to see job creation? Even if those regulations and minimum wages aren't the actual reason for why they aren't hiring, no one with any sense is going to let a good crisis go to waste, now are they?

AspenValley wrote: Isn't is pretty darned obvious even to righties that CEOs see a perfect opportunity to talk the public and Congress into accepting cuts in regulations and even minimum wage at a time when the public and Congress are desperate to see job creation? Even if those regulations and cuts aren't the actual reason for why they aren't hiring, no one with any sense is going to let a good crisis go to waste, now are they?

You don't even have any good sense at all, else you would read these comments and learn something and stop whining about how the "man" has got you down. Tough tootie... you don't like it... then go out there and take some of that money that all those rich folks own. I hope to get rich enough some day that I can afford someone to let someone take my money from me. If you're real nice and stop whining, maybe it will be you.