FEDEX FOUNDER: I Couldn’t Start Company with Today’s Economy, Regulations.
Last month, a CNBC headlined noted, “Subway ‘Wouldn’t Exist’ If Started Today Due to Regulations: Founder Deluca.”
In 2011, Bernie Marcus said the same about Home Depot, which he founded.
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.
This is known as “bad luck.”
“Or as some would say: ‘You didn’t build that,'” Glenn added last year when he quoted Robert Heinlein.