Posted on 10/09/2012 4:20:08 PM PDT by Kaslin
BEGIN TRANSCRIPT
RUSH: "US small business sentiment weakened in September for the fourth time in five months as fewer owners expected to add staff and make capital investments." Now, wait a minute. We just had the unemployment rate drop, 7.8%. We're coming back. We're rolling now. Obama fixed it just in time for the election. Wait a second. Small businesses, "Nope, nope."
"The National Federation of Independent Business said on Tuesday its optimism index fell 0.1 point to 92.8 last month. The drop is a sign the US economy is taking a hit from uncertainty over the possibility of tax hikes and government spending cuts next year, said William Dunkelberg, chief economist at the NFIB. 'Owners are in maintenance mode - spending only where necessary and not hiring, expanding or ordering more inventories until the future becomes more certain,' Dunkelberg said." What that means is until after the election.
I'll make a prediction to you. If Romney wins this, we are going to see signs of an economic uptick very quickly. If Romney wins this, that will equate to confidence, more certainty in terms of what the economy is going to be vis-a-vis government policy, taxes and Obamacare. It's gonna be practically immediate. It's gonna be amazing. If Romney wins this and pulls this out, you watch. There won't be a whole lot of hesitation. There might be some. Depends on what happens in the Senate. What would be really ideal is if Romney wins this thing and we send Harry Reid packing as well, Senate majority leader.
END TRANSCRIPT
On the other hand, if Obama wins we can expect a
rapid slowdown and crash.
I don’t doubt that it will help but the coming economic disaster is simply unavoidable.
Agreed. And when it does and Obama is gone all the dem’s will take credit for it. Saying their programs kicked in and now is not the time to go back to the policies that screwed it up to begin with. The media will trumpet that message across the land and the dolts (there’s tens of millions of them that vote) will believe it.
I predict a small uptick, I think we’ll see a bigger upturn if the GOP can repeal Obamacare and get the Keystone pipeline approved.
That will definitely add to it
Not “If” Romney wins, “WHEN” Romney wins!
It doesn’t matter who wins. We have debased the dollar so much that the slightest him of inflation will bring down the house of cards.
It doesn’t matter who wins. We have debased the dollar so much that the slightest him of inflation will bring down the house of cards.
rush is dreaming, romney is not going to fix if he don’t cut government spending. Tax cut is not enough
rush is dreaming, romney is not going to fix if he don’t cut government spending. Tax cut is not enough
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
