In a survey conducted among business owners by the Risk Insurance Managers Society, a troubling picture emerges:

(Click on image for full size; hat tip Paul Kedrosky)

The number one concern is “Political/regulatory environment.” Right behind that, and practically the same thing is “Regulatory Liability.”  Other items of a similar ilk include “Financial regulation,” “Climate change regulation” and “Interest rate/currency risk.”  Is it safe to say that Washington is scaring the hell out of the business world?