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Politics : Formerly About Advanced Micro Devices
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bentway
To: Thehammer who wrote (806754)9/15/2014 4:53:37 PM
From: combjelly1 Recommendation  Read Replies (3) of 1585490
 
the reason that corporations are not hiring or investing is because of the uncertainty due to over-regulation and better investing environments over seas.

Nonsense. If the middle class and below were spending like they used to, then corporations would be hiring and/or investing. But, the middle class and below are under extreme pressure due to stagnant or declining wages and net worth. Given that the US economy is more than 70% driven by consumer spending, this hurts growth. A lot. It isn't uncertainty. There always is uncertainty. The investing environment is better overseas because all of the economic growth is not being scooped up by the 1% and the rest of the population is participating in that growth. And that means they have more money spend, unlike the majority of Americans.

Here though, the wealthy want to kill the goose that has been laying the golden eggs. It is what happens when sociopaths gain control.
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