America's private sector job creators need elected leaders to lead and get out of the way.
From Elaine Chao
Around the time President Lyndon B. Johnson was declaring a War on Poverty in the 1960s, federal, state and local governments began accelerating a veritable War on the Private Sector.
President Obama has been admirably pro-trade in public remarks, but there has been no progress in moving any new free trade agreements to expand exports abroad and create jobs at home.
The expenses of complying with Washington's torrent of mandates and regulatory overreach are costing American workers jobs and income growth.
Washington's parasitic approach to the private sector must change for there to be widespread, near-term and enduring prosperity and job creation.
The borrow-spend-and-centralize agenda that has been so destructive to job creation elsewhere in America has been a gravy boat inside the Beltway.
Even a healthy economy and labor market would have struggled under the additional expenses enacted and proposed in 2009 and 2010 - from healthcare mandates and higher taxes, to carbon cap-and-trade and delay in extending the last decade's tax reforms.
To foster entrepreneurship, expansion and job creation, more leaders at all levels of government have to demonstrate some understanding of what it takes to build and grow businesses in the private sector.
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