I read the Administration has a new Czar... an Asiatic carp czar. Maybe we are seeing a job creation initiative at work. I think we are now up to 33 or 34 czars.
I wonder if she/ he has ever met a payroll?
Monday, September 27, 2010
Tuesday, September 21, 2010
Unusually Uncertain/ Inherently Uncertain
These were the most recent summaries of the economic outlook released by the Fed ... not much to smile about but entirely understandable given current and recent economic performance. Our government has much to do with feeding the uncertainty.
People scurry to pay down debt and trim expenses, reducing demand for products and services. Businesses hoard cash rather than invest because of sluggish demand and uncertainty about tomorrow's business environment: what is the outlook for corporate taxes...after all we have the highest corporate tax rates in the OECD. Of the OECD countries only the US taxes on a worldwide basis.
How about the carbon tax or least a higher gasoline tax to make things more certain?
What is the health care bill going to cost medium and small businesses?
Will secret ballots no longer be required for union certification?
Why all the anti-business rhetoric, could it be populism?
Speaking of anti business talk, populism and taxes all at once, what about the move to further tax oil and gas firms in the name of deficit reduction ? Is there any more popular target? Wait a minute! what about the Chinese?
People scurry to pay down debt and trim expenses, reducing demand for products and services. Businesses hoard cash rather than invest because of sluggish demand and uncertainty about tomorrow's business environment: what is the outlook for corporate taxes...after all we have the highest corporate tax rates in the OECD. Of the OECD countries only the US taxes on a worldwide basis.
How about the carbon tax or least a higher gasoline tax to make things more certain?
What is the health care bill going to cost medium and small businesses?
Will secret ballots no longer be required for union certification?
Why all the anti-business rhetoric, could it be populism?
Speaking of anti business talk, populism and taxes all at once, what about the move to further tax oil and gas firms in the name of deficit reduction ? Is there any more popular target? Wait a minute! what about the Chinese?
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