A new manufacturing and storage facility with office spaces planned for an odd-shaped lot on West McCoy Lane by Hardy Diagnostics won the approval of the Santa Maria Planning Commission
it looks like one took a ruler and drew a straight line from the bottom left to the top right. we have high to haprofitability virtually free money. those are the things that would be impediments to a business expanding, right? the president i support him in this. we re cutting regulations. businesses know we re cutting regulations. now they look to tax cuts. that s why they re growing. if i was in the business world, i would be excited. i would be adding employees. i would be happy that my regulatory burden was being cut. i would start to see a business climate where you can grow. that s not the case four years ago, five years ago. why did the stock market go up for seven years? the stock market dropped. if you look at the effective put it right. the stock market has been going up since 2009. up steadily since march 9, 2009. if you take 60 days before president obama was elected, the stock market tanked. why would you take 60 days?
where they do not do such things. neil: you are good at this. thank you very much. good to see you. not all companies are laying off workers. my next guest is hiring and spending, running distribution centers for major retailers like bed, bath and beyond. and now, the c.e.o. is joining me. walter, good to have you. guest: great to be on. neil: you are spending. you must be more optimistic and the president and others have been eager to see c.e.o. s like yourself to let go of the cash you have been holding on to. what got you letting go? guest: we are spending because our customers would lease the buildings we build are expanding. so we are building buildings in the united states and we have been building buildings in europe and asia but the nice thing is to see the north american business expanding, as well. neil: is this recovery for real? it is a bumpy recovery? could be shallow. what do you think?