Subway Founder: Today’s Regulations Would Have Stopped Me

Subway Founder: Today’s Regulations Would Have Stopped Me

Newsmax – Fred DeLuca, the founder of Subway Restaurants, said on Wednesday that government regulations would have easily prevented his company from starting up in today’s marketplace.

“If I started Subway today, Subway would not exist,” DeLuca told CNBC.

The market for U.S. entrepreneurs has “continuously gotten worse because there are more and more regulations,” he said. “It’s tough for people to get into business, especially a small business.”

DeLuca cited Obamacare, payroll taxes and minimum wages as examples of a restrictive American business climate.

Obamacare, or the Affordable Care Act, is “the biggest concern of our franchisees. They don’t know what to expect,” DeLuca said. “It’s causing a lot of concern, but that too will be passed on to the consumer.”

Get Free Email Updates!

Signup Now to Receive Updates and Alerts!

We will never give away, trade or sell your email address. You can unsubscribe at any time.

@https://twitter.com/candicelanier

Candice writes for several publications, including The Christian Post, Red State, The Black Sphere and Patriot Update. She is the Science & Tech Editor at the Minority Report Blog and the founder and Editor-in-Chief at Front Lines. She's also the founder of Candice Lanier's Tech News and works as a computer consultant. Additionally, Candice is an antiques dealer.

More in

15-0425 Transgender

Transgender Much? Parents Affirm 5-Year-Old Daughter’s Decision to be a Boy!

Michael BeckerApr 25, 2015
15-0425 If I just shut my eyes

Hillary Clinton Has One “Bedrock Principle.” See “Gay Marriage.”

Michael BeckerApr 25, 2015
2015-04-14t031037z1lynxmpeb3d03artroptp3usa-flu

Vaccination Controversy: No Autism, MMR Vaccine Link, New Study Finds

Steve FoleyApr 25, 2015
Screen Shot 2015-04-25 at 7.59.11 AM

PBS Covers-Up Ben Affleck’s Link to Slavery

Steve FoleyApr 25, 2015
rand-paul-sotu

Senator Rand Paul Signs Taxpayer Protection Pledge to the American People

Steve FoleyApr 25, 2015
Screen Shot 2015-04-25 at 7.23.44 AM

Weekly Republican Address: Rep. Paul Ryan (R-WI)

Steve FoleyApr 25, 2015

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States. In 2014 the network had over 20 million page views!

On this site you'll find posts & links to some of the best and most comprehensive center-right news and opinion on the net...

February 2013
M T W T F S S
« Jan   Mar »
 123
45678910
11121314151617
18192021222324
25262728  

Archives

Copyright © 2014 The Minority Report Network