I think we need to significantly reduce the regulatory burden on the private sector. The Obama administration is doing the opposite. They're loading on more and more regulation on the private respect to how the economy functions.
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
San Francisco businesses face many challenges including high rents regulatory burdens and the rising cost of workers compensation insurance and employee health plans.
So Bush certainly wasn't the greatest and Obama has not done the job. And he's created a lot of disincentive. He's created a lot of great dissatisfaction. Regulations and regulatory is going through the roof. It's almost impossible to get anything done in the country.
The development of the food industry for both domestic and export markets relies on a regulatory framework that both protects the consumer and assures fair trading practices in food.
Moreover environmental health at the local level has become narrowly focused very much defined around regulations and the attendant regulatory debates.
There is not necessarily a good reason why a regulator should have to be involved in product design and marketing for rich and sophisticated investors. We recommend that such investors should be able to sign a piece of paper which allows them to go ahead and buy unregulated products at their own risk.
And I think most people in this country want to see a president that's got the courage to say we're going to cut the tax burden and reduce the regulatory climate and we're going to get Americans working.
But let me tell you what happens when regulations go too far when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business.
Smart businesses do not look at labor costs alone anymore. They do look at market access transportation telecommunications infrastructure and the education and skill level of the workforce the development of capital and the regulatory market.