If you listen to today’s Republican leaders, they will tell you that it’s because of high taxes and overzealous regulations that the economy is sluggish and the unemployment rate remains high. “Right now, America’s employers are afraid to invest in an economy ... hamstrung by uncertainty,” said House Speaker John Boehner
(R-West Chester) during a speech in August 2010. “The prospect of
higher taxes, stricter rules and more regulations has employers sitting
on their hands.”