even brain-dead economists understand that when you raise taxes, you cost jobs.

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Home Depot Co-Founder Blasts Obama: Even ‘Brain-Dead Economists’ Get It

    Posted on July 22, 2011 at 8:29am by Jonathon M. Seidl Jonathon M. Seidl

First it was Steve Wynn, head of the famed Wynn resort empire, speaking out against Obama. Now its Bernie Marcus, co-founder of The Home Depot.

In an interview with Investor’s Business Daily (IBD), Marcus blasted Obama and his policies, saying “even brain-dead economists understand that when you raise taxes, you cost jobs.”

That’s some tough talk. But really, it’s only the beginning:

    IBD: President Obama has promised to streamline and eliminate regulations. What’s your take?

    Marcus: His speeches are wonderful. His output is absolutely, incredibly bad. As he speaks about cutting out regulations, they are now producing thousands of pages of new ones. With just ObamaCare by itself, you have a 2,000 page bill that’s probably going end up being 150,000 pages of regulations.

Brain dead economists?