Home Depot Founder: Obama's Regulations Are Killing Businesses

Discussion in 'Economy' started by ScreamingEagle, Jul 21, 2011.

  1. ScreamingEagle
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    ScreamingEagle Gold Member

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    While President Obama insists only a “balanced” approach to the debt crisis that includes higher taxes is acceptable, the founder of one of America’s most successful retail businesses claims the president doesn’t have a clue about the economy. Home Depot founder Bernie Marcus told Investors Business Daily in an interview yesterday the president hasn’t the faintest idea of how jobs are created, but businessmen are intimidated into silence about the administration’s faulty policies. According to Marcus:

    They are frightened to death — frightened that they will have the IRS or SEC on them. In my 50 years in business, I have never seen executives of major companies who were more intimidated by an administration.

    Home Depot Founder: Obama
     
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  2. LiberalHere
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    LiberalHere Rookie

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  3. Wry Catcher
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    Wry Catcher Platinum Member

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    Home Depot is the place to 'hire' cheap labor, so contractrors and slum lords as well as some homeowners don't have to pay into Social Security, Medicare, Medicade, UE Insursnce, etc etc.. Maybe the founder ought to police his own parking lot before he offers critiscism of anyone else.

    If you're opposed to illegal immigrants you ought to boycott Home Depot.
     
  4. LibocalypseNow
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    LibocalypseNow Senior Member

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    Businesses are now just holding their noses waiting for the stench of this Presidency to go away in 2012. They're in a holding-freeze on hiring. Once this guy is gone,they will likely begin hiring again. Make 2012 count America.
     
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  5. Mr. H.
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    Mr. H. Diamond Member

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    Obama has fomented a climate of uncertainty and timidity. It won't go away until he's out of office.
     
  6. ScreamingEagle
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    ScreamingEagle Gold Member

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    That's just plain stupid....Home Depot is not encouraging the illegals that hang around their stores looking for work....i know of some stores that have fenced off their lots in order to keep them away...but the illegals still hang around the streets outside the fences...

    maybe if the Federal Government did ITS job there wouldn't be this problem...
     
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  7. SFC Ollie
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    SFC Ollie Still Marching

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    But then again we all know this.
     
  8. ScreamingEagle
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    ScreamingEagle Gold Member

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  9. Skull Pilot
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    Skull Pilot Platinum Member

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    That's another fucking myth.

    In the last 4 years I have spent countless hours and tens of thousands of dollars at several Home Depot stores in my area and never once has anyone been hanging around the lot illegal or not looking for day work.

    Just because that may happen in some areas is certainly no reason to say that HD is culpable in any illegal hiring.
     
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  10. Skull Pilot
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    Anyway what do you expect from a guy like Obama with his "work" history.

    Instead of running a business and actually meeting a payroll and navigating the labyrinth of government regulation and red tape he spent his so called career teaching people how to get more shit from the government.
     

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