California Girl
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- Oct 8, 2009
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- #81
Oh I see. So Republicans have never been guilty of that. Got it.
As far as businesses that have been sitting on their cash waiting for Democrats to get kicked out so that their taxes will remain the same, how wonderful that they will prove what I've been saying all along: The corporations run this country; not the people. They will open up a few jobs, then be right back where they were mid-2000's trying to cut wages and benefits. Watch it happen.
Actually, Maggie, it has nothing to do with that. A lame duck congress stops either side from fucking up. That can create the stability required to increase confidence in the economy. That stability is what leads to businesses feeling confident to spend money, increasing investment and creating jobs.
You guys get all hung up about who's in bed with which party. Simple fact - business doesn't give a shit whether it's a Dem or a GOP POTUS. They need stability.
The reason that business isn't spending is nothing to do with either party - it is because business pays attention to economists... and economists are predicting a double dip recession.
If people would stop ranting about the other 'side' and look at all the facts, instead of cherry picking the ones that fit their own view, we might get some intelligent debate. But that's not gonna happen here.
Read what nine experts on the economy have to say about the recovery and predicting a double dip recession (they don't). This is really quite short.
Recession, Recovery and a Possible Double Dip: What Experts Are Saying About the Economy - Financial News for the Best Bank Rates | Go Banking Rates
I work with some of the best economists on the planet, global experts. I know them. These guys predicted every damned thing that has happened - and they predicted it over 5 years ago. They called it a 'perfect storm'. Every single prediction came true. They are not saying a double dip is unavoidable - they are saying it is very likely. I'll take their opinion over the opinion of any article anywhere.