Business Knows More than Obama about Creating Jobs
by Larry KudlowWith a bad-blood, confidence-destroying battle royale going on between Team Obama and business, you would think a highly publicized White House jobs summit would have produced some kind of positive announcement that gives a nod to the business point of view.

After all, as part of his so-called “business charm offensive,” the president is arguing that “it’s the private sector that has always been the source of our job creation, our economic growth, and our prosperity; and it’s our businesses and workers who will take the reins of this recovery and lead us forward.”
He also says “the free market depends on a government that sets clear rules that ensure fair and honest competition,” and that “too much regulation or too much spending can stifle innovation, can hamper confidence and growth, and hurt business and families.”
But uncertainty over the regulatory-and-tax rules of the road is exactly what has buffaloed business and stifled the animal spirits that are so necessary for investment and job creation.






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