Sunday, September 18, 2011

Showing Us What He Has Got

President Barack Obama used a boisterous Labor Day rally to put congressional Republicans on the spot, challenging them to place the country's interests above all else and vote to create jobs and put the economy back on a path toward growth. "Show us what you've got," he said.
That is precisely what they have been doing, Mr. Obama.  One of the primary reasons why employers have not been hiring new workers is due to uncertainty.  Specifically, they are uncertain if future labor, market, and tax conditions/policies will make it possible to earn a profit.  Repeated calls for punitive taxes on the "rich", our out of control federal deficit spending, initiatives that openly place union interests far above that of business owners, and regulations that raise the cost of business justify those concerns.  

The problem is not that the GOP has yet to "Show us what [they've] got."  The problem is that Mr. Obama and his allies in Congress have shown us what they have got for far too long.  And the people with any money left are doing the smart thing by sitting on it until something changes to make being in business in America profitable again.

No comments: