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That is why Businesses have accumulated so much cash and are not putting enough of it to use.
They are not spending because they don't like where Obama is taking the country, plain and simple.
If Obama would actually act like a leader, instead of an activist, things would be different.
He is and always has been an activist agitator. The fact that he keeps on getting involved in small issues, which by the way, goes against the tide of "We the People" proves that he is truly a small man in every sense of the word.
I see and hear about the uncertainty of this man every day. People have no idea what is coming down the road, simply because our "genius in chief" cannot make decisions.
Some will adjust to the new rules, at a cost to the consumer.
If the cost is to much, they will fail.
The smart ones will hold onto their cash.
Businesses have always adjusted. Whether to the rules or costs. The cost of doing business is always passed on to the consumer. If their product is not in sufficient demand, they build cash or change the product line or go out of business. They would not prefer to go out of business or hold on to their cash, putting it to work is always a better option. And if the demand indicates it's time, they will certainly do it.
Funny thing is...When you left-winged dingbat Dems took over the Congress and the Senate the last 2 yrs of Bush Pres. you did far worse in stalling the economy.
Only difference now is.....Rep. are not doing the stalling, Obama is fking it up!
"Never let a crisis go to waste"
Remember those words...The only person benifiting from this economy mess is Obama. He keeps passing more and more B.S. bills.
"In order to take over a country, you need to break its economy 1st"
Businesses have always adjusted. Whether to the rules or costs. The cost of doing business is always passed on to the consumer. If their product is not in sufficient demand, they build cash or change the product line or go out of business. They would not prefer to go out of business or hold on to their cash, putting it to work is always a better option. And if the demand indicates it's time, they will certainly do it.
Then you are saying there is a 2/3 chance they will not be hiring.
Good strategy! Go back to losing 700,000 jobs a month. Now there's a change you can believe in.
Right...of course, that downturn started happening when the DEMOCRATS took over both houses. Don't forget that the first 6 years of the Bush years the Republicans did not have enough of a majority in the Senate to stop the Dems from filabustering, thus nothing could be done that the Dems didn't want.
After 2 years of Dems, we were in very deep mud! Now after 4 years of both houses in Dem hands plus this BO mess, we are in very deep sh**!
Republicans can do nothing to stop anything in congress.
The dems have a super majority that cannot be stopped by a few republicans. The dems are a bunch of whiners who have unpopular bills. They are not running on the passage of the healthcare bill, the stimulus bills or the financial reform bill. That speaks volumes.
The House requires a majority and the Senate now seem to require a super majority. The Dems do not have a super majority in the Senate, they blew it with Massachusetts. So now, the Repubs can and are preventing . The big casualty is recovery. I hope their actively preventing recovery for hoped political gains, does not prove to be successful. If it is, we will have many years of the same thing when either Party sees that it works. If it does not work, we could see a Congress, specifically the Senate, actually start working together. I don't know about you, but I think this Country deserves that kind of cooperative representation. I think the public needs to tell the Repubs, we are not interested in political gain, we are interest in representation. If the Repubs lose Senate and House seats, it would make that statement very clear to them and the Dems down the road. That is not a strategy Americans want to see.
Considering the glee with which the RWs on this forum announce drops in jobs creation, increases in unemployment, etc, I find the OP's scenario entirely plausible.
... So now, the Repubs can and are preventing . ...
Thank heaven that the Republicans can now stop this horror BO calls his agenda. If we let this go, it could get to the point where it is too late and we are, indeed, somewhere between socialism and communism without a path back to our beloved USA.
Considering the glee with which the RWs on this forum announce drops in jobs creation, increases in unemployment, etc, I find the OP's scenario entirely plausible.
I will spell it right out.
Obama will not use my money.
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