Anyone wanna take bets . .
that if the Republicans gain a majority in either house, the employers will suddenly let go of all of that cash they have been hoarding, and the GOP will take credit for the increase in employment. Never mind that the stimulus program put much of that money in the companies' pockets.
Regards, D-Ray |
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Regards, D-Ray |
Of course, the GOP will take credit when the economy inevitably gets turned around (with or without their help). That much I'm certain of. It's the idea of business sitting on their cash until the GOP takes over the House that I'm skeptical about. They'll spend when they figure they'll make money from doing so (as it should be IMHO).
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I tend to lean more towards what Finn is saying these days. But, then again, hoarding due to uncertainty in the economy can be tied in, if they believe a GOP house will mean they get to keep their Bush era tax cut.
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BTW, we are now a third world country, BMW is going to build cars in SC (Senator Demented's stomping grounds) because they can pay people $15 per hour, half of what their German workers get, the freetraders have finally achieved their goal.:rolleyes: |
If the employers release their funds, it will show that the uncertainty came from not knowing what the government is planning under the Dems.
And it's the Dems own fault. I don't think I've ever heard such business bashing in my lifetime. Class warfare rhetoric doesn't help anyone. Pete |
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Business' allegiance is to the bottom line. If they think investing/hiring will improve their bottom line, they'll do it. If not, they won't. The question is whether they think a change in the House will materially impact their bottom line. Some might, others won't.
I'd be thrilled if the economy miraculously goes gangbusters after the election. You can't change the fact that both parties will claim credit or assign blame. But if people get back to work, we'll be better off for it. |
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I will have to disagree with you on one point, though, Pete. I think their own behaviour brings it on and they bear sole blame. The Dems just have the audacity to say what others won't. Dave |
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