Wyatt earp
Diamond Member
- Apr 21, 2012
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You'll be waiting as long as wages are depressed. No increase in domestic demand - no increased investment.Consumer spending accounts for 70% of our domestic product. Keeping worker compensation down keeps domestic demand down, suppressing capital investment. That's why US corporations are sitting on hundreds of billions in cash. They don't need a corporate tax cut to spur investment, they need actual consumer demand for their products and services to justify new investment, and that demand can come only from consumers being able to afford the products and services they produce.
There lies the problem with 7 plus years of a progressive president, who hates business, who implemented obama care , who wants to raise mw
It slowed down the recovery..
Who would want to invest during a president like this?
Any smart business man would weather the storm sit on his cash and wait it out.
Blame Obama for making it hard for workers to organize and get this economy humming again if you like. You probably blame him for everything else he had no hand in anyway.
What?
Who is blaming obama for making it harder for unions to organize?
Let me guess you are one of the fruit cakes that came up for air in the thread " obama try this one more time"