The stuff on health care starts at about 1:20, but the entire video is worth your time. It provides a very clear an concise explanation of how bad regulations and their awful implementation by the agencies like the EPA and the NLRB hamstring America's job creators (something I've also lamented). My favorite line:
It's very hard to model the costs [of ObamaCare] because the bill was so complex.... We have a national healthcare advisor... that we use, and the range that they gave on our health care costs increasing at CK Restaurants was between 7.3 and 35.1 million dollars.... Their [new] estimate was that it would increase our health care costs by about 18 million dollars. We spent about 9 million dollars last year building new restaurants; that would be totally wiped out.Yikes. Although Pudzer's company operates US restaurants (and thus isn't directly facing foreign competition), the regulatory pains he discusses are similarly felt by American manufacturers and service providers who do regularly compete in, and in some cases rely upon, the global economy. And until the US government provides a less burdensome and uncertain regulatory environment, all US companies will continue to suffer.
And so will their current - and potential - employees.
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