What is holding up recovery is the THREAT of new regulations on businesses (as well as the threat of more taxes), causing them to hesitate on making investments and hiring new people until the know where the knife will fall. Until then, businesses will sit on cash, and who can blame them?
Does this moron have ANY concept of the death toll in earthquakes BEFORE “regulations” and “building codes” mandated safer ways of doing things, compared to today? Our society is safer due to regulations, and definitely LESS SAFE, especially with regard to debt and economics specifically because of DE-regulation!! Yep, all that spending on “defense” systems- that don’t work, and WARS that “don’t work”, has made us SOOOOOOO much safer! right.
Sorry, guys, but its not taxes/regulations. Businesses are sitting on cash because there is little demand here(elsewhere, it’s been great—and even where the businesses are making money, they’re still paying taxes). And thus no demand, little desire to hire, and for consumers, if businesses don’t have demand, will they let them go, so they don’t buy…it’s a vicious cycle that someone has to risk and break.
Its been my experience over the years that business bellyaches about regulations through good times and bad. Regulations have stopped child labor and sweat shops, insured safety measures, installed standards for food and drugs, fought discrimination, cleaned the air, rivers, and land, and gave us a minimum wage. If left unchecked, business will literately degrade to slavery. Yes, slavery was a business.
hotdogger over 12 years ago
What is holding up recovery is the THREAT of new regulations on businesses (as well as the threat of more taxes), causing them to hesitate on making investments and hiring new people until the know where the knife will fall. Until then, businesses will sit on cash, and who can blame them?
grayhares01 over 12 years ago
And who was in charge of both houses in 2008?
Dtroutma over 12 years ago
Does this moron have ANY concept of the death toll in earthquakes BEFORE “regulations” and “building codes” mandated safer ways of doing things, compared to today? Our society is safer due to regulations, and definitely LESS SAFE, especially with regard to debt and economics specifically because of DE-regulation!! Yep, all that spending on “defense” systems- that don’t work, and WARS that “don’t work”, has made us SOOOOOOO much safer! right.
madvirgo over 12 years ago
Sorry, guys, but its not taxes/regulations. Businesses are sitting on cash because there is little demand here(elsewhere, it’s been great—and even where the businesses are making money, they’re still paying taxes). And thus no demand, little desire to hire, and for consumers, if businesses don’t have demand, will they let them go, so they don’t buy…it’s a vicious cycle that someone has to risk and break.
Magnaut over 12 years ago
the dung hit the fan in 11/08…
Uncle Joe Premium Member over 12 years ago
madvirgo nailed it. No demand = no growth.
Any genius here care to tell me which large nations is dealing with REAL inflation problems? (Hint: the U.S. ain’t one of them!)
BTW, the cartoon is pretty funny & spot on.
Uncle Joe Premium Member over 12 years ago
Hah, gotta pay attention to what cartoon I’m commenting on!
I was thinking of Stahler:
http://www.gocomics.com/jeffstahler
The Life I Draw Upon over 12 years ago
Its been my experience over the years that business bellyaches about regulations through good times and bad. Regulations have stopped child labor and sweat shops, insured safety measures, installed standards for food and drugs, fought discrimination, cleaned the air, rivers, and land, and gave us a minimum wage. If left unchecked, business will literately degrade to slavery. Yes, slavery was a business.