I’ve studied on economics all my life since the age of 15 and I don’t understand whats going on with this. I understand what they’re trying to do, the devaluation of the currency, but I am confounded to explain the trillions of dollars of U.S. investment capital sitting on the sidelines with historic low interest rates. The only explanation I can come up with is investor fear of “political risk”.
Try this:
Business is all about managing risk.
When you don’t know the cost of each additional employee, that represents unknown risk.
When regulations pop up at the drop of a hat, you have no idea whether your planned investment will be allowed to produce results, let alone a profit.
Obama is trying to destroy America on several fronts;
Government takeover of insurance access, while pretending that is “healthcare”.
Shut down of energy exploration, while pretending “green energy” has any potential replacing fossil fuels.
Taxing the job producers out of existence, while pretending it’s better for the government to redistribute that money, rather than have the recipients earn it.
IF Obama puts America in so much debt that it can’t get out, he will have been successful at destroying the country that he perceives as having had it too good for too long.
In all of his writings and the very culture of his upbringing with communist parents, grandparents, and mentors, there is expressed a loathing for those who’ve dominated the world, as they see it, at the expense of the rest of the world.