quote:

ORIGINAL: FirmhandKY

His massive additions to bureaucracy and regulations, his illegal changes to bankruptcy and other laws (putting his "favs" at the head of the trough, for example, or his extortion of BP), his "gotta pass it to see what's in it" bills and his constant class warfare comments and statements have a lot of people who have the ability to hire people and expand sitting on the sidelines.

quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: FirmhandKY

His massive additions to bureaucracy and regulations, his illegal changes to bankruptcy and other laws (putting his "favs" at the head of the trough, for example, or his extortion of BP), his "gotta pass it to see what's in it" bills and his constant class warfare comments and statements have a lot of people who have the ability to hire people and expand sitting on the sidelines.

Class warfare has been going on in this country since Reagan.

The gap between the rich and poor continues to widen.

quote:

ORIGINAL: rulemylife

But tell me about all the bureaucracy and regulations that are stifling business.

I keep hearing about it from conservative commentators and conservatives on this board parroting them but I never hear any details.

quote:

ORIGINAL: Sanity


"Its like deja-vu, all over again..."

quote:

U.S. Consumer Confidence Drops to Three-Decade Low Amid Economic Headwinds

Confidence among U.S. consumers plunged in August to the lowest level since May 1980, adding to concern that weak employment gains and volatility in the stock market will prompt households to retrench.


The Thomson Reuters/University of Michigan preliminary index of consumer sentiment slumped to 54.9 from 63.7 the prior month. The gauge was projected to decline to 62, according to the median forecast in a Bloomberg News survey.


The biggest one-week slump in stocks since 2008 and the threat of default on the nation's debt may have exacerbated consumers’ concerns as unemployment hovers above 9 percent and companies are hesitant to hire. Rising pessimism poses a risk household spending will cool further, hindering a recovery that Federal Reserve policy makers said this week was already advancing “considerably slower” than projected.


“We’re really at the bottom of the barrel right now,” Lindsey Piegza, an economist at FTN Financial in New York, said before the report. “Americans are feeling an increasing level of frustration with their leaders in Washington. We’re also seeing a slew of weaker than expected economic reports.”


http://www.bloomberg.com/news/2011-08-12/u-s-consumer-sentiment-falls-more-than-expected-to-54-9-in-michigan-index.html

Maybe Obama doesnt have his boot on the throat of enough American businesses yet?

quote:

ORIGINAL: willbeurdaddy

FR

A shrinking middle class is the inevitable result of a shift from a manufacturing based economy to a service economy. Its not a plot, its not the greed of bankers and business owners, or the power of some fantasy all powerful group that really runs the world economy. Its simple math.

If you want the middle class to grow, bring the fucking manufacturing jobs back. If you want them back then you have to make the US a competitive place to manufacture. There are tremendous inefficiencies in the importing of all of the "stuff" that we farm out elsewhere that make up for standard of living differentials. You can grow the middle class if you just get DC out of the way.