A "Jobs" President

Not every regulation of business is bad, but how much more regulation do we really need?

The roots of today’s economic troubles are hinted at in a new Gallup Poll of small business owners, which finds compliance with government regulations tops their “problem list.”

Bigger businesses say the same. No one’s forgotten that Vegas resorts mogul Steve Wynn called Washington “the greatest wet blanket to business, and progress and job creation in my lifetime”; or that Bernie Marcus claims he could not have built Home Depot in the regulatory environment of today.

Consumer Electronics Association President Gary Shapiro this month called today’s White House the “most anti-business administration in my lifetime.” Even Apple’s Steve Jobs reportedly gave President Obama an earful on regulation, invoking impediments to manufacturing in the U.S and more.

Continental Energy CEO Harold Hamm, rebuffed by the president when describing the sheer torrent of domestic energy available and accessible, told the Wall Street Journal that Washington keeps “a regulatory boot at our necks and then turns around and asks: ‘Why aren’t you creating more jobs.’”

He's smarter than these guys, he know what this country's economy needs.