The impact of state regulation and uncertainty on economic growth

Obamacare was passed in April of last year.  The Dodd-Frank mega regulation of the financial sector was passed in July 2010.  Employers and financial firms, facing massive new uncertainty and risk behaved like all investors do when risk rises:  they demanded higher returns to make an investment.  The result:  fewer investments and fewer  new jobs.  When the Obami are schlepping back to (a bankrupt, reeling) Illinois in 2013 they will have no one to blame but themselves.  Fools.