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Businessman Quote by Marc Faber

“The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.” quote by Marc Faber
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“The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.”

Marc Faber

About This Quote

Source Column: Financial newsletter, 2012

He argues that Obama’s policies increase regulation and taxes, which he believes discourages hiring and harms the economy.

In simple terms: Regulation and higher taxes under Obama deter hiring and hurt growth.

Key Takeaway

Consider policy impacts on business incentives.

Themes

economics politics policy analysis

Mood

skeptical analytical critical

Type

economic political commentary

When to use this quote

  • Business strategy
  • government policy review
  • investment decisions

Key Concepts

Regulation taxation employment market dynamics

Questions to Reflect On

  • How do regulations affect innovation?
  • Can tax policy be balanced with growth?
A Different Perspective

May ignore other economic factors and benefits.

3.3 out of 5 (4 ratings)

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