"HK" wrote in message
m...
Frogwatch wrote:
Even in these weird times there is a lot of money looking for a home
to grow. U.S. saving rates are over 6.9% and money that used to flow
into pension plans is going into savings and money market accounts
instead. Whenever I go places, a topic of conversation is "where to
put money to get growth". However, instead of investing in activities
that produce jobs, Americans are waiting because they simply do not
trust Bozoma on the economy..Can you blame them? When businesses will
not invest and are busy laying off workers, would you invest?
Think about it. If you were a businessman and thought that your
competetition would have their debts forgiven by Presidential decree,
this would put you at a real disadvantage and you would not invest in
new business. Likewise when a person sees people having their million
dollar mortgages renegotiated to be lower, he thinks "Damn, why should
I buy and pay my way when others dont have to pay for what they
bought" so the real estate business suffers.
Businesses are reluctant to hire because they think Bozoma will punish
them for doing so. Will he saddle them with requirements for health
care for part-time workers? Maybe they should just wait and not hire
part timers, so teens cannot get jobs.
Businesses worry about huge new tax burdens from Tax and scam (cap and
trade) so they conserve cash and do not invest in workers or new
business.
With the Bozoma regime being so strongly anti-business, there is no
way any reasonable person would invest in anything that might create
jobs. Instead, any prudent person or business will reduce their
numbers of employees and conserve cash and wait for the business
climate to get better.
It is not any specific thing that Bozoma has done that has crippled
the economy but his entire attitude toward economics that strongly
discourages growth to get us out of the recession. Bozoma cannot help
himself and we will not have any economic growth until the Dems are
kicked out of office. We can look forward to 15% unemployment by the
end of the year and 20% by mid-next year.

You have so many factual errors in your post, your only hope is to become
an adviser to sarah palin. Or maybe you are.

I thought he was optimistic. I figure unemployment will hit 25% without the
government turd polishing applied. (Commonly called adjustments).

Once enough people are unemployed, the revolution for economic freedom from
government oppression can begin in earnest. Just need more to learn the
lessons of debt, dishonor, corruption (bailouts) and liberal BS. Give it 5
years.