At the beginning of a one-on-one session that US President Barack Obama requested early last year, Steve Jobs told the former, “You’re headed for a one-term presidency.” As described in the authorized biography by Walter Isaacson, Apple’s founder said regulations had created too many burdens on the economy.
Jobs was an Obama supporter, but his just-disclosed comments are typical of a new frustration with Washington among Silicon Valley executives. Their high-tech companies are supposed to be the country’s engine for growth, but the federal government is gumming up the works.
Steve Jobs. File Photo/Bloomberg
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L. Gordon Crovitz is a columnist for The Wall Street Journal
—The Wall Street Journal