it is impossible. >> home depo co--fowner bernie marcus said u.s. are creating a mess and make it impossible for him to form one of the biggest retail businesses. only 80,000 new jobs. and chief economist. mark, to that point that regulations aring businesses and at the very least slowing what could be more robust hiring, what do you think? >> i think that is fair . the regulatory environment is uncertain and fluid and that creates problems for business people. i started my own company 25 years ago and the thing i learned, i can get used to regulations as long as i know what it is . clarit yecertainty. we can debate the aspects of the regulatory environment. but business people need clarity with receive to what that is. >> a lot of them are saying, and protest to them are saying they want dirty air and that stuff. they want to protect that kind of stuff. but 10 regulations added to the books every day. that is overpel. should we have a cut back or what do you say? >> i think most business people are very interested in the same thing that everyone is

we've got art laffer, bernie marcus and ralph nader and italians protesting in rome.t started as a concert has known grown to include a huge indictment against silvio berlusconi administration. this one, not over any sex scandal, but a financial one. the can't can't make any more cuts. silvio, you have to go. and they're even singing about and they're even singing about it. captioned by closed captioning services, inc. [husband:] getting cold out here. [wife:] in here too. we need more affordable energy in this country. we need to protect the environment. what about the economy? what about our planet? [announcer:] at conocophillips, we're helping power america's economy with cleaner, affordable natural gas. more jobs. less emissions. a good answer for everyone. so with affordable energy that we can get to safely... we could afford to eat out more often. our daughter likes my cooking. don't you lori... lori? [announcer:] conocophillips.

from day one it has been all about the academics would know this stuff much better than goes like bernie marcus is not, that is bad enough, but, there is a general disrespect almost for the bernie marcuss of the world, guys who have gone out there and done it the right way. it reminds me of the back-to-school movie, rodney dangerfield, that was the best movie a guy goes back and the professor tells him how it is done, and he is telling them how it is really done and then he wrote the term paper saying, you know nothing about curt and he wrote the term paper. >>neil: it is interesting, thinking of rodney dangerfield, but, anyway, i think now we are in a situation where if the president were to let business people see what they want to see, and you can criticize his point of view and many have and continue to, but he cannot and won't change that because it is in his d.n.a. not to like cutting back on regulations or certainly cutting back on their taxes. >>guest: and when we talk about management, and we talk business management, that is probably the best skill any great manager has, and that is o