Posted by
Laura L. Hollis, JD on Monday, March 22, 2010 11:47:06 AM
She's got a great quote in
this one:
"We all know, and it's been said over and over again, that our economy needs something, a jolt and I believe that this legislation will unleash tremendous entrepreneurial power to our economy."
As one who has spent ten years in entrepreneurship education, I can tell you that this is a crock. "Entrepreneurial power"? With crippling health insurance mandates and other oppressive taxes?
The key to entrepreneurship's success as an engine of economic wealth is a company's ability to
grow; it is not the ability (much less
need) for every person to work for themselves. Third world countries are filled with "entrepreneurs" selling fish, biscuits, and trinkets by the side of the road. They may be "entrepreneurs" but their "power" is limited. And their contribution to the nation's wealth is nil.
Nancy Pelosi is an idiot.