Unemployment Numbers: Another Reality Check
November 6, 2009 / 1:22 pm • By Dr. Melissa ClouthierThis is unsurprising:
You don’t create jobs by making the bureaucracy bigger. You pull resources from the private sector making job creation impossible.
President Obama is making all this worse by creating complete instability. No one knows what he is going to do next. So, businesses hoard cash. Business continue hiring freezes even as business seems to turn a bit. Basically, the whole country is in a holding pattern.
If Cap and Trade and Health Care passes, small businesses and their owners will have to cough up any excess cash they’re hoarding to supplement government fantasy programs. They know this. If Card Check passes, big businesses, mostly in the south, know that they will have to fend off threats of unionization and the financial mess that creates.
Instability everywhere does not foster a business and therefore, a job creating environment. It doesn’t look like President Obama or Congress intend to shift directions, so joblessness it is!
2 Responses to “Unemployment Numbers: Another Reality Check”
November 8 2009 / 1:32 pm
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Well, that’s not entirely true. We cannot ever forget the truly massive amount of new jobs obama created within in white house itself. 30-50 czars at pay unknown could be pumping lots of money into our economy, assuming they’re American citizens and pay taxes. I think Obama is beginning to phase out capitalism all together. And we should be less biased in remembering the job-creating environment you mentioned. By that I mean the thousands of wind farms the stimulus is building in china.
November 8 2009 / 10:16 pm
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> By that I mean the thousands of wind farms the stimulus is building in china.
They need to be putting them in the halls of Congress, that’s where all the blowhards are.