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Attacks on Capitalism Stifling Growth?
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Small business owner Gene Marks discusses why he believes attacks on capitalism are hampering economic growth.
- Duration 2:19
- Date Jan 27, 2012
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Small business owner Gene Marks discusses why he believes attacks on capitalism are hampering economic growth.
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Joining us now small business -- columnist G moxie -- by Jean.
What has America come to what we are now denigrating people attacking people simply because that made a lot of money -- there for their -- sweat and and toil what do we come to.
There it is pretty crazy mr.
attorney -- -- and remember the context for you -- I -- every week for small business topics for the New York Times and Huffington Post reforms.
Are -- -- -- and small businessman and I think some declines and you know when I talk to all these people my readers -- my clients about making money in the fact that Mitt Romney is rich.
-- response that I get is.
Different that's exactly -- -- trying to do is become rich.
-- but we've got administration which is waging class war it's saying here.
-- it's calling people names athletes woods that is class war fat now here's the question -- That could be successful at least politically not economically but it could be politically successful.
-- we go out to the point -- class war is a success in America.
You're right now really is having its impact -- you -- coming -- of president's state of the union speech it was very populist and you know oriented but.
You know as a small business are a lot of people that I talked to -- a lot of my clients that their holy back on investment because.
It's not environment isn't good for small business started the environment really -- -- good.
For business it -- it doesn't feel very good when you have your own president calling the people their financing us that are giving us money -- helping us grow.
Now fat -- -- -- beautiful system that that now that's important you telling me that small business people are actually holding back.
-- -- -- -- Using that money because.
Capitalism itself and success is under attack you saying that.
That that is exactly what I'm saying -- -- I mean I'm most of the clients I know right now people -- really not in the mood to take a lot of risk people look at what -- Mitt Romney is done another you know.
Mitt Romney is is you know written -- solving all the world's problems but.
He was arrested her you know and a lot of small business owners right now in this environment.
-- we look at an era of rising taxes over the next couple years and our own government who really doesn't seem to be very business oriented.
Not a good environment to spend money -- so we're holding on.
-- I was very glad to see Mitt Romney -- back last night about being successful gene marks -- saw about a short -- -- here that we are at a time but we appreciate being with -- will be shortly thank -- Jane thanks.