Hot Air, gives the best concise reasons why businesses aren't expanding and hiring again, despite the recession having ended almost two years ago.
We’re not seeing growth because of the hostile environment for investors, and a lack of consumer demand related to high unemployment. We could solve those tomorrow by reducing regulation (especially the arbitrary ObamaCare legislation that makes risk calculation nearly impossible), unfettering American energy exploration and extraction to create jobs and lower energy costs, and reform the tax system to put all investors on an even playing field and reduce the corporatism that drags down small-business creation and innovation. We don’t need social engineers tinkering with the economic system to achieve their notion of “fairness” — we need actual economic growth, which the social engineers have proven completely incompetent at delivering. {emphasis is mine, Ed.}That's why the Democratic party is losing in the market place of ideas in America. They just don't get it. The GOP has an inkling of what's wrong, but the leadership in Washington has sold their souls by "going along to get along" for so long, that they're very nearly as corrupt as the Democrats. Bottom line? Ezra Klein is an idiot who doesn't understand the very basics of economics or economic theory, but he often pontificates as if he does..."fairness"...what an idiot.
Hat tip to the BlogFather
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