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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Yeggo Donating Member (296 posts) Send PM | Profile | Ignore Tue Nov-23-10 03:21 PM
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With Socialists Like These...
This is what I've learned about the economy from listening to conservatives lately: Obama's terrible for business, and uncertainty is what's leading to continuing unemployment.

Of course, this ignores to some degree the fact that the stock market and now corporate profits - two of the arbiters of capitalism - have weighed in pretty positively lately. Corporate profits are the highest ON RECORD. So isn't the real problem that companies have discovered how to make these profits WITHOUT rehiring?

http://conversation101.squarespace.com/unemployment/2010/11/23/uncertainty-or-productivity-unemployment-stays-high-while-pr.html#entry9553229
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