Yes. And that's one of the factors that totally destroys jobs--and that is the uncertainty factor. So if you want to ruin jobs, raise taxes a whole lot, create a lot of uncertainty, and then spend way beyond your means. That's what we're doing. It's a war on business. There are a couple of different things. We talked about these tax increases that the Democrats did. Here's something they didn't do at all. They haven't fixed the problem with Freddie and Fannie. These are two timebombs ready to go off again. They started the big crisis before when we mismanaged Freddie and Fannie. As much as people go ``boo'' and ``hiss'' at George Bush, in September 11, 2003, he was asking for authority to regulate Freddie and Fannie because they were out of control. And the Democrats blocked that legislation in the Senate, and now we have a meltdown on our hands. So there's some things that are taxes, some things that are spending, and some things that are no action at all that all feed into this problem. So this sounds kind of boring.
Editor's note · Context
The speaker addresses job destruction due to tax increases and regulatory failures related to Freddie and Fannie.
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