I think businesses aren’t hiring because of actual economic uncertainty, completely unrelated to what letter follows the president’s name–future taxes are the least of their concerns.
Since you used your company as an example, do they know what the price of oil will be next year? The value of the dollar relative to the Euro? Whether China’s growth will be 5% or 10%?
You also brought up the cost of a health care plan. 10 years ago, could your company have predicted what current health care costs will be. If Obamacare gets overturned, will they be able to predict the cost of health care 10 years from now? By chance, do they know when the next pandemic will be? Swine, bird, cow, snake? I bet it’s snake. Do they know what the cost of that pandemic will be?
Sure, who wouldn’t. The point, however, is that if you are ‘certain’ they will do one thing or the other then you can make plans, predictions and forecasts of your costs. If you don’t know, then it’s harder to make plans. And if there are a lot of things changing, and you are uncertain (that word again) of how it may or may not impact your business and costs, then you are less likely to expand in that environment, and more likely to take a wait and see attitude.
Knowing is better than not knowing and trying to guess. Seems obvious to me.
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Um, yes, that’s pretty obvious. If I knew who’d win the superbowl, or what the Dow was going to do on Monday, I’d be very rich. Hence, uncertainty.
Which is why I asked, when was there so much certainty? And more specifically, what did the [Republican] government do to make people feel all warm and cozy?
Why is that when discussing a liberal government, conservatives harp about “uncertainty” as if there had been so much before?
I noticed you listed a whole bunch of stuff that time, but failed to include future taxes.
So to be clear, my annoyance stems from the conservative insistence that Obama is causing uncertainty, and that some how that uncertainty out weighs all the other crap going on in the world today. And that if only we had a good old fashioned Republican government, all the uncertainty would melt away.