During an interview with an Iowa news station, President Obama was asked about a small business that specifically cited his health care legislation as a reason for packing up and leaving the state. He seemed quite puzzled, and said that would be “hard to explain.”
“Yeah, that would be kind of hard to explain, because the only folks that have been impacted in terms of the health care bill are insurance companies who are required to make sure that they’re providing preventive care, or they’re not dropping your coverage when you get sick. And so, this particular company probably wouldn’t have been impacted by that. I know that there’s a perception sometimes that there’s all kinds of regulations coming out of Washington, the truth is actually we’ve seen fewer regulations coming out of my administration than the previous administration. But obviously, you know it’s tough running a small business no matter what. And we’re going to make sure that we continue to provide whatever financing help that we can provide.”
Fewer regulations? Who does he think he’s fooling?