This article by the Heritage Foundation reinforces what I am seeing in the business sector. The problem with the economy in general is that the current environment is one where risk and investment is being avoided on a massive scale. This is topping the natural creation of new jobs. Companies are not going to hire people when the next time congress meets, they could get whacked with regulations, taxes, and fees that completely undercut their strategy. Business is in a bunker mentality. Until they know the shelling is over, they are going to continue to lie low and make safe moves.
No matter how much our leaders in DC want to make us believe they can stimulate us out of the recession, the truth is it will take individuals who are willing to invest and risk to create the jobs that will grow us out of these times.
- FOP Vermillion