Business

Subway Founder: Today’s Regulations Would Have Stopped Me

Business
@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.

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.”

More in Business

124

Economic Freedom Gains in Michigan – Economic Freedom Gains in Michigan But the risk of backsliding remains

Candice LanierDec 18, 2014
ledger-s

IBM- Goodwill Dreaming?

Streetwise_ITDec 16, 2014
116

Microsoft’s Biggest Hits And Flops (Slideshow)

Candice LanierDec 15, 2014
fracking_2195888b

U.S. Shale Firms Will Use ‘Ingenuity’ As Oil Dives

tmradminDec 11, 2014
crude oil graphic telegraph

Crude Oil Dips Below $60 – Is OPEC Dead?

Streetwise_ITDec 11, 2014

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States.

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