The problem is, Dan Maffie promised jobs, jobs, and more jobs. He has done nothing! Her children do not live here because of lost jobs due to political laziness. I hope she wins! Maffei is awful!
And in principle I agree with you about less regulation, but this financial crisis has shown that some people need to be saved from themselves. Banks were far too leveraged against CDO's and other financial innovations that they didn't know enough about. Moody's and Barclay's showed that they are not up to the task, so maybe government regulation is what we need
@Ulbim01 I would contend that the uncertainty businesses are feeling right now isn't towards the government and possible regulation but rather consumer confidence. They need to know that people are going to buy their products and buy an increasing amount to justify new hires.I think it's absurd to say that business' aren't hiring because of fear of new legislation, and if anything Obamacare will cut overhead costs.
@Matrix2020 Businesses do their financial planning years ahead. If they don't know when costs to expect, they will put their cash on the side (there are 2 trillion on the sidlelines now) and stop hiring. They will hire when the economic environment is more stable. Policy will create this stability. Government can add more rules (the more complicated the game) or we can lessen the number of rules (conservatism).
@Matrix2020 It's the lack of uncertainty that is slowing hiring. Businesses don't know what taxes will be like next year (even now Obama addresses the Bush tax cuts), businesses don't know the effect of National Healthcare costs, possible Cap and Trade legislation, financial reform, moratorium's on oil etc etc.
1. How are tax cuts going to create jobs in the short term? It sounds to me that you blame high taxes for the recent bout of unemployment, the tax rate is lower than it has been for decades
2. Would you have voted against the stimulus package and TARP? Which are widely believed by economists to have saved America from depression?
3. How are you, a registered nurse, an authority on economics or politics at all?
-Aaron Calder registered republican and Syracuse University economics major
The problem is, Dan Maffie promised jobs, jobs, and more jobs. He has done nothing! Her children do not live here because of lost jobs due to political laziness. I hope she wins! Maffei is awful!
comedian618 1 year ago
And in principle I agree with you about less regulation, but this financial crisis has shown that some people need to be saved from themselves. Banks were far too leveraged against CDO's and other financial innovations that they didn't know enough about. Moody's and Barclay's showed that they are not up to the task, so maybe government regulation is what we need
Matrix2020 1 year ago
@Ulbim01 I would contend that the uncertainty businesses are feeling right now isn't towards the government and possible regulation but rather consumer confidence. They need to know that people are going to buy their products and buy an increasing amount to justify new hires.I think it's absurd to say that business' aren't hiring because of fear of new legislation, and if anything Obamacare will cut overhead costs.
Matrix2020 1 year ago
@Matrix2020 Businesses do their financial planning years ahead. If they don't know when costs to expect, they will put their cash on the side (there are 2 trillion on the sidlelines now) and stop hiring. They will hire when the economic environment is more stable. Policy will create this stability. Government can add more rules (the more complicated the game) or we can lessen the number of rules (conservatism).
Ulbim01 1 year ago
@Matrix2020 It's the lack of uncertainty that is slowing hiring. Businesses don't know what taxes will be like next year (even now Obama addresses the Bush tax cuts), businesses don't know the effect of National Healthcare costs, possible Cap and Trade legislation, financial reform, moratorium's on oil etc etc.
Ulbim01 1 year ago
1. How are tax cuts going to create jobs in the short term? It sounds to me that you blame high taxes for the recent bout of unemployment, the tax rate is lower than it has been for decades
2. Would you have voted against the stimulus package and TARP? Which are widely believed by economists to have saved America from depression?
3. How are you, a registered nurse, an authority on economics or politics at all?
-Aaron Calder registered republican and Syracuse University economics major
Matrix2020 1 year ago