Marc Faber Quotes
The problem with Mr. Obama is that you get more regulation and it's a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.
Topics
Regulation
Economic Growth
Economic Policy
Economic Stimulus
Fiscal Policy
Fiscal Responsibility
Government Intervention
Labor Market
Tax, Taxes, Taxation
Tax Burden
Businessmen, Businesswomen, Executives
The Problem With
Higher Taxes
Job Creation
Barack Obama
Business Environment
Business Investment
Entrepreneurial Incentives
Obama
Regulatory Environment
Business Regulation
Business Hiring
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Marc Faber is a Swiss investor based in Thailand. He is the publisher of the Gloom Boom & Doom Report newsletter and the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.