Friday, June 3, 2011

The Endless Stream Of O's

O's jobs-export economy - NYPOST.com: "The problem for the average American worker: Businesses have learned to make money by cutting costs (i.e., jobs) or relocating to China and India. And it's not merely that it's cheaper to operate overseas; a huge part of the problem is the fear that it's going to keep getting more expensive to hire here.

Both small-business owners, and analysts who cover these companies tell me that many American businesses would like to stay here, but they see no letup in sight in the endless stream of taxes and regulations coming from an administration most of them consider anti-business.

And now the weakness of the Republican presidential field raises the chances for President Obama's re-election in 2012 -- and even more Washington-imposed woes."