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Old 08-06-2011, 07:11 AM   #9
Schneed10
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Join Date: Feb 2005
Location: Newtown Square, PA
Age: 46
Posts: 12,458
Re: US Credit Rating Downgraded To AA+

Quote:
Originally Posted by Dirtbag59 View Post
Perception is everything. Not that I'm partisan, but I think businesses are trying to set the stage for a republican president. "We're unsure about Obamacare, we don't like the Presidents plan, etc etc etc." Make the public think that maybe if they elect a Republican president thats in favor of big business they'll start hiring again and then maybe they will in hopes of keeping someone in office who will give them breaks on taxes.

Still I don't care what happens. As much as I want basic liberties like gay marriage and the like it still doesn't mean much if a large part of the nation is either unemployed or underemployed. The economy has to be priority number 1, after that we can worry about everything else.

Hopefully this is history repeating itself and it'll be Carter-Regan all over again and we'll have a decade doing nothing but snorting cocaine and wearing ridiculous clothes.
Well businesses have to do what's in the best interest of their shareholders. They won't withold hiring to influence the political climate. If they see an opportunity to increase shareholder value they'll hire and take advantage of it.

The problem is there aren't a ton of opportunities right now.

I'm totally with you though, economy is priority one, one A, and one B in my book.
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