Obama Policies Stunting Job Growth,
Stalling Economic Recovery
The Bureau of Labor Statistics this week reported a significant drop in job openings, indicating America’s employers are hesitant to invest in and expand their businesses. Adding insult to injury, economists at Stanford University and the University of Chicago released a new chart on Tuesday showing economic uncertainty has shot up in recent months, a trend these economists have previously noted may stem from costly federal policies:
When businesses are uncertain about taxes, health-care costs and regulatory initiatives, they adopt a cautious stance. Because it is costly to make a hiring or investment mistake, many companies will wait for calmer times to expand. If too many businesses wait, the recovery never takes off.
Instead of changing course and working with Republicans to reduce federal burdens and provide certainty to our nation’s job creators, the Obama administration continues to advance policies that discourage employers and harm job growth. Here are just two examples of federal policies that are stalling our economic recovery and having a chilling effect on America’s workforce: a government takeover of health care and an aggressive and job-destroying labor board. Read More.
Missed Our 2011 Summer Fun Family Picnic?
Don’t Miss The Fun in 2012
July 19, 2012 6:00PM
No comments:
Post a Comment