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Obama Policies Driving Away Support from Business Owners?

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    Former investment banker Carol Roth on how Obama’s policies are impacting the business environment in America.

  • Duration 2:32
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Business leaders are growing angrier with President Obama by the day.

He is what Las Vegas casino mogul Steve Wynn said that this week quoting now.

I'll be damned if I want to have him Obama.

Lecture me about small businesses and jobs on a job create -- guys like me on job creators -- we don't like how to -- bullseye painted on our back.

Joining me now from Chicago -- -- forma investment -- -- is Steve -- runs a large multinational corporation.

What about the little guy smaller businesses -- they also just walked away from this administration.

It was very interesting Stuart I was with a small business think tank yesterday.

And long not every small business owner had exactly the same feelings about every aspect of politics.

The one thing that everybody agree Dodd is that they have no voice in Washington.

So the small business owner as well Steve -- is incredibly frustrated.

Business is a meritocracy.

They live by accountability.

They live by Reese -- ability and they -- by bridging gaps between people that have differing objectives and that is the complete frustration.

For business owners that the current administration is not doing the same thing.

That is it legislation regulation.

Like Obama -- and Dodd-Frank.

And energy -- back on -- thing is it.

Regulation.

That is really upsetting small business.

Or is it time it is that they just don't think President Obama gets business doesn't quite understand what motivates people to go get a profit.

Is which is it.

I think that -- both of those and even more is that there's -- fundamental lack of understanding.

Oh what a small business -- goes through in this country it is the excessive regulations -- the excessive -- that they -- and -- the uncertain economic environment we've talked about the the -- word before uncertainty that's holding consumers back from spending and holding business owners back from being able to invest in their business there's no -- -- the tax code.

There's no clear path for the future there's a mountain of debt facing us so it's not just one thing if it was one thing it would be an easy fix it's a whole host of things.

And that's -- really creating -- environment where small business owners and big business owners alike are really hungry for change.

So I cal Roth you in Chicago Cummins is again -- in New York City we wait for yeah I do much count well there.