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Wait 'til the Fed stops printing money. Then you'll see what really lies behind the affirmative action economy they created for the Incompetent in Chief.
I find it interesting that FOX says the acceleration will be due to the fact that GOP may not sabotage the economy by playing debt ceiling and government shut down games like that have in the past few years. Too bad the GOP did not allow this acceleration to occur sooner, because the nation really could have benefitted from it.
In other words FOX blames the GOP for the stagnation.
Please share with me how keeping money in the economy and not taking it out to give to government, is harmful to the economy.
With the budget deal in place, large business no longer has the excuse that they cant plan. The ACA is in place starting Jan1, Ins costs have dropped for the large group area and are stabilizing for the Indivdual group. Taxes are known, consumer will be looking to purchase more stuff.
Next the Min.wage should go up raising all wages (on low end of scale not the high end, as all the job creators are at the top).
This is the biggest fear from the Repub. as Mr steal your pension Romney had stated.
With the budget deal in place, large business no longer has the excuse that they cant plan. The ACA is in place starting Jan1, Ins costs have dropped for the large group area and are stabilizing for the Indivdual group. Taxes are known, consumer will be looking to purchase more stuff.
Next the Min.wage should go up raising all wages (on low end of scale not the high end, as all the job creators are at the top).
This is the biggest fear from the Repub. as Mr steal your pension Romney had stated.
Insurance costs have dropped? For who? Furthermore, ACA for businesses were delayed for anther year, so you're 0 for 2..
And then you go on to say wages should be increased, thus countering your own argument that businesses can plan..
Btw, consumers are already purchasing stuff, you cant purchase more than you earn. WE NEED JOBS to recover the economy, not more people leaving the workforce to make it appear the economy is getting better.
The ACA is in place starting Jan1, Ins costs have dropped for the large group area and are stabilizing for the Indivdual group. Taxes are known, consumer will be looking to purchase more stuff.
With the budget deal in place, large business no longer has the excuse that they cant plan. The ACA is in place starting Jan1, Ins costs have dropped for the large group area and are stabilizing for the Indivdual group. Taxes are known, consumer will be looking to purchase more stuff.
It looks like a more stable environment going forward. Some business owners may not like everything they see, but at least they know what to prepare for. Uncertainity is a killer.
I find it interesting that FOX says the acceleration will be due to the fact that GOP may not sabotage the economy by playing debt ceiling and government shut down games like that have in the past few years. Too bad the GOP did not allow this acceleration to occur sooner, because the nation really could have benefitted from it.
In other words FOX blames the GOP for the stagnation.
What a bizarre post - an article from February 2013 by Goldman Sachs ….. which you somehow conflate to "FOX blames the GOP for stagnation" (FOX and stagnation never mentioned in the article) and the "2014 Boom" that is projected to be a rise from 2% growth to 2.5% growth - unless the "optimism" factor occurs and then we might hit 3% growth for our "BOOM".
Here's another article from MarketWatch and the Financial Times:
Here's the thing - Phony recoveries by their nature need to be over hyped. Real recoveries are felt by all so no need for the hype. If it's real you know it.
Same thing for Policy - if it's good, it doesn't need to be 'hyped' (i.e. ObamaCare)., you know it's good.
I'm ready for a recovery of some sort - a 2014 "Boom" sounds wonderful, but I've been hearing now for years that this "Boom" is starting and just around the corner …… hasn't happened yet.
7 months after the Goldman Sach's article (which assumed the Fiscal battles were all over), we had a Government Shutdown based on a Delay of ObamaCare (which Obama promptly started delaying himself after the shutdown) and kicked the Budget and Debt Ceiling battles to early 2014. The Budget deal appears to be done now, but the Debt Ceiling (deadline is Feb 7) hasn't even begun.
The only difference I see to 2014 is that we won't have another Budget Battle in October, so that's a good thing for Business and may provide a little stability and certainty for them - BUT that will be off-set by the avalanche of Government Regulations and ObamaCare implimentation.
No "Boom" until they take Harry Reid's Gavel away and then they can start working on that giant stack of Bills on his desk.
Indeed. That wasn't the problem. The tech stock bubble was. This isn't something that can necessarily be blamed on the tech industry.
Right. If people want to go crazy speculating in the stock market, and then lose the shirt off their back, they have only themselves to blame. The industry itself was an improvement.
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