The Dodd bill will choke off innovation and wealth creation at exactly the same time the president is trying to kick start it by smothering the vitality of what needs to be a dynamic and open area of creativity.
Gary Rivlan notes in his book, Broke USA, "the working poor have become big business." You wouldn't think that poor people would be a growth market, but businesses make big money off people who live paycheck to paycheck.
Starting a new business is ridiculously hard. So why would any sane individual set out on this sort of quixotic journey? Some will tell you it's for love or passion, but I think that people with Attention Deficit Hyperactivity Disorder (ADHD) do it out of necessity.
I have not seen much evidence of Obama being in touch with small-town Kentucky, but after reading David Plouffe's new book, The Audacity to Win, I have become convinced that he knows what it takes to run a business.