My goal is lucidity. If your comments clarify mine, so much the better. If you are informed or enlightened or amused or persuaded, so much the better….Rick Subber
Friday, April 27, 2012
To all job creators: get to work! (part 6)
The Commerce Department says our economy expanded at a 2.2% annual rate in the first quarter, down from a 3% annual rate in October-December last year.
No economic statistic goes straight up or down in every reporting period….I think the headline should be "Good news, economy is growing!"
And by the way, what the heck are the "job creators" doing, anyway? This latest report on GDP mentions that consumer spending was up in the first quarter, and government spending and business investment were cut back.
My emphasis: BUSINESS INVESTMENT WAS CUT BACK.
Let's see, all of the tax incentives that are supposed to be favorable for "job creators" have been in place and have been very spectacularly renewed for years, before and after the national economic meltdown.
What exactly are the "job creators" waiting for?
Why are we waiting for them?
Let's get on with national tax and fiscal policies that stimulate our economy and create more jobs and more employment.
My previous posts on "The Job Creators," take your pick…..
http://barleyliterate.blogspot.com/2012/02/job-creators-look-what-ge-is-doing.html
http://barleyliterate.blogspot.com/2012/02/to-all-job-creators-do-your-thing-part.html
http://barleyliterate.blogspot.com/2012/02/to-all-job-creators-get-to-work-part-4.html
http://barleyliterate.blogspot.com/2012/01/to-all-job-creators-get-to-work-part-3.html
http://barleyliterate.blogspot.com/2011/12/job-creators-step-forward-sound-off.html
http://barleyliterate.blogspot.com/2011/10/to-all-job-creators-get-to-work-part-2.html
http://barleyliterate.blogspot.com/2011/10/to-all-job-creators-get-to-work-part-1.html
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