Uncertainty Stifles Business Spending and Hiring. - Barrons.com

DOING JUST ABOUT EVERYTHING TO DESTROY JOB CREATION: Uncertainty Stifles Business Spending and Hiring. - Barrons.com: "- Sent using Google Toolbar"

Let's see?

Obama's policies raise the cost of labor (when it needs to be reduced).

Obama's policies raise the risk level for any investment (which means the projected return has to be higher).

Obama's policies keep taxes high and raise them when, corporately, the US had too high a rate.

As for personal income taxes, again, for the entrepreneur US taxes are too high (except compared to Europe and look at business in Europe).

As for the ease of bringing in workers from overseas, Obama's policies are akin to Bushes - i.e. very discouraging for expansion in the US.

So, net, labor costs, finance costs, risk adjusted returns are all going in the wrong direction. Adding in the fact that the world has competitor nations and economies that are going in the opposite direction to the US, the picture for the US economy looks worse than stagnant - it looks to be heading down.

After all, if labor, capital and regulatory risk are reduced for competitors to US domestic manufacturing, what choice do US companies have? The result is exactly what is seen - both official unemployed and acknowledged discouraged workers, stagnant at best wages, fear, etc.

Hello brave new socialist paradise.