” ‘By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses,’ said Verizon CEO Ivan Seidenberg at a speech in Washington in late June.
“…’We don’t know what to expect from Washington. That’s essentially what Seidenberg is saying,’ said Shlaes, author of the influential book ‘The Forgotten Man,’ which argues that President Franklin Delano Roosevelt’s punitive and unpredictable policies toward business prolonged, rather than solved, the Great Depression.”
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