Politics

Out of context: Reply #15236

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    Home Depot Co-Founder: Obama Is Choking Recovery


    http://www.investors.com/NewsAnd…

    Bernie Marcus co-founded Home Depot (HD) in 1978 and brought it public in 1981 as the U.S. was suffering from the worst recession and unemployment in 40 years. The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing.

    But Marcus says Home Depot "would never have succeeded" if it launched today due to onerous regulation. He recently helped launch the Job Creators Alliance, a Dallas-based nonprofit of CEOs and entrepreneurs dedicated to preserving the free enterprise system.

    • Ah yes, another fine example of Real Estate made wealth.IRNlun6
    • His example for stifling regulation is Obamacare? In housing? Ok, sure.IRNlun6

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