Democrats love suffocating the economy. Then when their policy fails, they can make more policy. Self preservation? Don't know. But what I do know is that you don't drive employers to grow and hire by mandating they pay increased wages, taxes and costs....... Simple shit for most with a working brain.....
Hey, LB, did you stop beating your wife yet?
http://www.realclearmarkets.com/art...the_dreamers_are_being_suffocated_102730.html
Every successful company in our nation started as a small enterprise on a Main Street somewhere in America. Take Remington Arms and Chobani as examples: two local companies that today are among the most successful large corporations in the country. The key to driving their success was the ability to start small and scale big. Under Dodd-Frank, too many Americans with the drive and passion to create and innovate haven’t had the opportunity to turn the outlines of their dreams into concrete realities.
In 2010, the Dodd-Frank Act was passed by Democrats in Washington as a response to the worst financial crisis in 80 years. Washington liberals promised that this sweeping legislation would usher in a stronger economy with a fairer regulatory structure.
However, Dodd-Frank has failed to grow our economy or protect consumers. Increasingly, the law has made it harder for the little guy to get ahead. Since Dodd-Frank was signed into law, $36 billion in regulatory fees have been imposed on our economy. Now, community banks are forced to hire armies of costly compliance officers to keep up with Dodd-Frank’s complex, onerous regulations, leading to reduced services and increased costs for consumers. Before Dodd-Frank, 75 percent of all banks offered free checking, by 2016 that number shrunk to only 38 percent.
What began as 2,000 pages of complex regulations has grown to over 25,000 pages of crippling, overlapping rules that have made big banks bigger, while driving community financial institutions in our area and across the nation to near extinction. Under Dodd-Frank, America has lost, on average, one community financial institution each day.
Hey, LB, did you stop beating your wife yet?
http://www.realclearmarkets.com/art...the_dreamers_are_being_suffocated_102730.html
Every successful company in our nation started as a small enterprise on a Main Street somewhere in America. Take Remington Arms and Chobani as examples: two local companies that today are among the most successful large corporations in the country. The key to driving their success was the ability to start small and scale big. Under Dodd-Frank, too many Americans with the drive and passion to create and innovate haven’t had the opportunity to turn the outlines of their dreams into concrete realities.
In 2010, the Dodd-Frank Act was passed by Democrats in Washington as a response to the worst financial crisis in 80 years. Washington liberals promised that this sweeping legislation would usher in a stronger economy with a fairer regulatory structure.
However, Dodd-Frank has failed to grow our economy or protect consumers. Increasingly, the law has made it harder for the little guy to get ahead. Since Dodd-Frank was signed into law, $36 billion in regulatory fees have been imposed on our economy. Now, community banks are forced to hire armies of costly compliance officers to keep up with Dodd-Frank’s complex, onerous regulations, leading to reduced services and increased costs for consumers. Before Dodd-Frank, 75 percent of all banks offered free checking, by 2016 that number shrunk to only 38 percent.
What began as 2,000 pages of complex regulations has grown to over 25,000 pages of crippling, overlapping rules that have made big banks bigger, while driving community financial institutions in our area and across the nation to near extinction. Under Dodd-Frank, America has lost, on average, one community financial institution each day.
