Boehner: New regulations threat to economic recovery
Continued regulation out of Washington is one of the biggest threats to derail the slowly recovering U.S. economy, U.S. House Speaker John Boehner told a room of local business leaders Tuesday morning.
“It’s just one agency, after another, after another,” Boehner, the Butler County Republican, said to more than 600 people at the Mandalay Banquet Center in Moraine as part of the Dayton Area Chamber of Commerce’s annual meeting. “Here over the next few months I’ll have an inventory of all the regulatory undertakings that are underway in Washington, D.C. Because the list will scare you to no end.”
After thanking businesspeople for their investment in the community, Boehner spent much of the 15 minute keynote address hammering away at a message of how Washington’s excessive spending, taxation and national debt are fueling uncertainty that has entrepreneurs sitting on their hands.
“They’re afraid to invest because they don’t know what’s coming next,” he said. “Jobs don’t happen magically, they happen because people take risks, people invest capital.”