It eliminates them, and I think one can understand why. We saw a chart or a graph that was recently produced several weeks ago. It plotted all of the private-sector experience in the Presidents from the last 100 years. It showed that in President Obama's Cabinet, in his administration he has less private-sector experience in real job creation than any other administration: 7 percent experience. No wonder every answer that comes out of this administration is more spending, higher taxes, more government. But the last seven economic recessions, every blooming one of them we have come out of the recession--from government? No. From small business creation. We would love, in our small business, to create more jobs, but I will tell you this, from the other small business job creators that I know in Minnesota: Right now they are scared to death. They don't want to add more jobs because they know if they add more jobs, they're stuck with more costs that they may not be able to take. They don't want to hurt the existing people they have now that they hired. They don't want to have to close their doors and fold up. A great business in our State, Home Value stores, just announced last week that they were closing their doors after over 35 years in business. Why? Because of this job-killing, bone-crushing debt that's coming out of Washington, D.C. Let's reject that.
Michele Bachmann: “It eliminates them, and I think one can understand why. We saw a chart or a graph that was recently produced several…”
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Bachmann discusses the impact of government policies on small businesses and job creation.
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