Quote:
Originally Posted by Jim in CT
True, what you said is definitely true.
However, if those businesses are sitting on that cash, instead of spending it, then there must be a reason for that. Most of those businesses are not charities, and it would be reckless of those businesses to spend that money until it makes sense for them to do so. If those businesses had a reason to believe that they could increase profits by spending that money, then they would have every incentive to do just that.
When a business has no idea what its tax rate is going to be, and no idea how much its health insurance costs will be, it makes it harder to know if now is the right time to make an investment.
I don't see what it good it does to blame the business. If the climate makes it better to sit on cash than to spend it, why blame the business for that? Why not focus on fixing the climate, to make it more conducive for rewarding growth?
|
Yup, and JD, a small business owner, is an example.
That's why we need incentives to grow small business that will fuel the economy
with jobs that will continue into the future, not government stimulus jobs that only last till the $$$ run out.
How difficult is this for the Administration to understand that?
Not at all, they just want to grow government.