Why are businesses not investing in new jobs? Ohio Governor John Kasich explains why the Obamaconomy is devastating to business

Wisconsin's Scott Walker is not the only Republican Governor doing a bang-up job in the so-called "Rust Belt". Ohio's John Kasich has also revitalized the Buckeye State in spite of the ongoing Obama depression. When asked recently why businesses aren't investing in new jobs, Kasich's answer was both accurate and poignant.

There's so much uncertainty.

This national debt is growing and they can't seem to get anything done whatsoever in Washington, which tells business people to look out for a big fat tax increase.

They're talking about raising the taxes on capital gains and then you have Obamacare. And if you're a small businessperson, you have no clue how you're going to deal with the unfunded costs of Obamacare. Then you have Dodd-Frank financial reform legislation and no one knows what the rules are you going to be.

Let's just take you and I. If you and I are going to invest in a business, but we don't know what the rules are going to be, we're likely to just wait. And that's what's happening right now.

It's extremely frustrating to me. At the end of the day, and this is a totally unrealistic thing, but wouldn't it be great if the Congress and the President got together and sat down and said, "We've got a crisis here." I mean, Rome is on fire. And it's singeing places like Ohio. I'm very concerned about it. We've been making great progress... but the headwinds, they're kicking up again.

We [in Ohio] finally got out of an $8 billion hole, and we build up a rainy day fund, and we have people in the legislature saying, 'let's just go spend it.' I mean, are you kidding me? ...It's very disappointing to see [the president unable to act]... as someone who was there when we got something done there, I just look at this and just shake my head. [It's] just dysfunctional.

Ohio erased an $8 billion budget deficit, the largest in history. It cut taxes -- including killing the death tax (get it?) -- by $800 million. It brought sunlight and transparency to the budgeting process. And in response, S&P and Moody's both upgraded Ohio's credit rating while while downgrading the United States under Obamanomics.

Methinks we need more straight-shooters like Kasich and Walker in Washington.