Wednesday, July 14, 2010

US Chamber of Commerce blasts anti-business White House

What began with whispers last week is now a roar. The Hill is reporting that a major voice for business is denouncing the anti-business Obama Administration.

The U.S. Chamber of Commerce is blasting the Obama administration and congressional Democrats for policies it says are expanding government and hindering an economic recovery.

The powerful business lobby group said Democrats and the White House have "neglected America's number one priority" — creating jobs.

"Instead of continuing their partnership with the business community and embracing proven ideas for job creation, they vilified industries while embarking on an ill-advised course of government expansion, major tax increases, massive deficits, and job-destroying regulations," the chamber wrote in an open letter to President Obama and lawmakers.

The chamber's broadside comes after weeks of Republican attacks on the Obama administration for being "anti-business." Both the chamber and GOP leaders in Congress have criticized the Democrats' Wall Street reform package as another round of new regulations on top of the healthcare reform law that will add red tape and uncertainty for the private sector in the midst of a tepid recovery. The chamber is planning to spend $50 million in congressional midterm campaigns to go after Democrats and policies they don't like.
Besides the Wall Street bill, other anti-business policies from the first anti-business administration are ObamaCare, cap and trade, and union card check.

Business, not government, creates wealth. Wealth creates jobs.

Coming in November: The Great Correction.

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