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.”
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.
Consider policy impacts on business incentives.
Themes
Mood
Type
When to use this quote
- Business strategy
- government policy review
- investment decisions
Key Concepts
Questions to Reflect On
- How do regulations affect innovation?
- Can tax policy be balanced with growth?
May ignore other economic factors and benefits.