Wednesday, July 13, 2011

It's the Uncertainty, Stupid

Pseudo-intellectuals through the liberal world can't figure out why the economy hasn't recovered. It's the uncertainty, stupid!

 
Taxes:
  1. What's the tax rate in 2 years? Obama says he wants it to go higher. The higher taxes are, the fewer business ideas are potential profitable, the less people get hired.
The EPA:
  1. Strict EPA requirements will require extra costs which may make a potential factory go from being profitable to unprofitable.
  2. The EPA and groups like the Sierra Club may sue to stop the plant from opening. Delays, legal fees, and the uncertianty of completion scare potential investors.  
Obama's Ban on Drilling
  1. Imagine if you shut down Apple for 10 months. Everyone gets fired and they go elsewhere (Google, Samsung, etc). Now you allow Apple to operate again, but the people, the capital, and equipment are elsewhere. It won't restart overnight.
 Obamacare:
  1.  Employees which are "nice to have" at one price, may get replaced by automation if employee costs rise too much.  (E.g., bag boys at grocery stores are eliminatted and check out clerks are replaced by self-checkout) 
The National Labor Relations Board
  1. Obama's team has sued Boeing for opening a plant in South Carolina instead of Washington. South Carolina is a right to work state, meaning unions have little control.

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