Companies are terrified to expand in the face of significant uncertainties in regulations (cap and trade), taxes, and consumer sentiment.
This isn't rocket science. The President should go on television tomorrow and say we're going to extend the Bush tax cuts and defer cap and trade legislation until the economy recovers. And forget about extending "most" of the tax cuts - the big chunk of money at the top is the money that will go to create new jobs through business investment. On Thu, Sep 2, 2010 at 7:51 AM, Vivec <gel21...@gmail.com> wrote: > > http://www.alternet.org/economy/148038/are_we_a_kleptocracy_and_what_does_that_mean_anyway_/ >But > as Washington Post business reporter Steve Pearlstein noted recently, > while the jobs haven't returned, corporate profits surely have and, > at $1.2 trillion annually, are now higher than they were at the height > of the bubble." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:326730 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
