Jim Skinner, CEO of McDonald's, says reducing taxes and cutting government spending are the keys to getting the economy moving again. Actually, the economy has been growing since mid-2009. Lack of hiring is the main problem now, and it's because businesses are waiting for a president who understands what needs to be done (or one that is less interested in creating a socialist utopia than creating private sector jobs). Obama is doing the opposite -- he's raising taxes and increasing debt.
When the governor of North Dakota, a state that is adding a lot of jobs, was asked what's necessary for job creation, he didn't hesitate: low taxes and a friendly regulatory climate. Obama is doing the exact opposite.
Maybe Obama should just hire a jobs czar to help out. Oh, wait, he already did that. He hired Van Jones, an admitted communist. That didn't work so well, did it?
Telegraph story with Skinner here.
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