SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kenneth E. Phillipps who wrote (116829)11/3/2011 12:44:41 PM
From: Jorj X Mckie6 Recommendations  Read Replies (1) of 224724
 
For the past 10 months, Congress has gotten out of the way and it hasn't worked.

Kenneth,
Obamacare is still hanging over the heads of businesses. This creates uncertainty which in turn causes businesses to not hire.

If congress wants to do something productive, then they should repeal Obamacare.

You are wrong about doing nothing not working. An important thing to understand about economies is that they are cyclical. Throw in a variable and the market will react, but it will eventually recover on its own. Keep on throwing in variables and it never has a chance to fix itself.

But right now, after having some uncertain economic times, companies are starting to spend. At some point the pent up demand outweighs the uncertainty. And I am seeing very positive signs that businesses are opening their wallets.

One thing that our government needs to learn is that sometimes the best thing to do is nothing at all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext