Malone: The Obama Surprise

http://pajamasmedia.com/edgelings/2009/06/12/the-obama-surprise/

But President Obama has instead appeared to be almost exclusively interested in Big Business as the key to economy recovery.

By comparison, almost every move the new Administration has made regarding entrepreneurship seems to be targeting at destroying it in this country. It has left Sarbanes-Oxley intact, added ever-greater burdens on small business owners, called for increasing capital gains taxes, and is now preparing to pile on cap-and-trade, double taxation on offshore earnings, and a host of other new costs. Even Obamacare seems likely to land unfairly on small companies.

Entrepreneurship has been the single most important contributor to the economic health of this country for at least a century now - and if you were going to systematically destroy that vitality, you couldn't come up with a better strategy than the one Washington has put in place over the last six months.