Martin Hale
2011-08-18 11:25:55

Mr. Puzder hit it spot on – uncertainty is why we’re not seeing any hiring. Many businesses are making money, but they’re loath to take on new employees when they don’t know what the long-term costs of those new employees will be. They’re hesitant to undertake new investments in facilities or processes in which energy represents a large cost – Mr. Obama can never live down having said he wanted to make the cost of energy “skyrocket”. People remember that and they think twice about putting in that new production facility or line. And God forbid you should earn too much because the Dems make it eminently clear that they want to take it from you. Then there is the EPA with its carbon regulations which stand to make everything you do subject to micro-management and, of course, more expense.

You really don’t have to be a Harvard PhD economist to understand this stuff – If the DC crowd would actually listen to the people who are responsible for creating jobs, they’d understand that they need to stand aside and let business manage it’s own recovery.