Trust in the government having a firm, and knowledgeable, hand on the nation's helm, does wonders for having a positive economic atmosphere.
I have seen too many Fortune 500 CEOs publicly state that the lack of leadership, and the advent of Obamacare, has put a damper on expansion. 'Hunker down', is the name of the game...from Wall Street to Main Street.
<caveat> "they" and "them" do not belong exclusively to one political party or organization. They are united in a way of looking at the world and thinking about it.
You want them to admit they're wrong and we're right? If that were true the next logical step would be to fold their tents and steal away in the night, and no way are they leaving the trough. A lovely thought, though....
Wow CircuitGuy! I love your optimism. Gov't policy may not drive the economy, depending on how you define it. But it sure is capable of putting up speed bumps. Regards, O.A.
Reporting the unemployment rate as opposed to the labor participation rate favors the government. Why do I believe this will not be carried on the local Six O'clock News?
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I have seen too many Fortune 500 CEOs publicly state that the lack of leadership, and the advent of Obamacare, has put a damper on expansion. 'Hunker down', is the name of the game...from Wall Street to Main Street.
You want them to admit they're wrong and we're right? If that were true the next logical step would be to fold their tents and steal away in the night, and no way are they leaving the trough.
A lovely thought, though....
Regards,
O.A.