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America's Economy Needs Certainty in Order to Create Jobs

  
  
  
  

 

 

Professionals with Globe backdrop

From:Job Creators Alliance

Nobel Laureate Gary Becker and Judge Richard Posner’s blog, “Why the economic recovery is lagging” is a must read. As Becker-Posner explain, our economy is not even close to having recovered from the September 2008 financial meltdown, and the main reason for that is uncertainty. Businesspeople and consumers are not sure what to expect down the road, and so they have not been able to do the investing, hiring and spending needed to restore the economy. Read the full article:

http://www.becker-posner-blog.com/2011/06/why-the-economic-recovery-is-laggingposner.html


America’s economy can only go as far as its people take it. Talking heads can throw around whatever terms or indicators they want, but the truth is that we will only be in recovery once people are being hired again and businesses are investing in the economy. This will require a change in priorities from those in Washington who seem to think that deficit spending and more government are the solution to every problem. What we really need is less government, and a more favorable climate for businesses. We need to listen to our business leaders, because only they know what it will take to get people back to work and get our economy moving forward. Unlike politicians, they have built successful businesses, met payrolls, and had to adapt to new laws. They know that lawmakers in Washington are complicating business conditions, while at the same time overlooking some of the most basic solutions for job growth such as simplifying the tax code, making tax cuts permanent, and loosening constrictive regulations. Job Creators Alliance CEOs know what it will really take to get our country back on track.

 

http://jobcreatorsalliance.org/Blog/Default.aspx?blogmonth=6&blogyear=2011&blogid=95

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