Lead, Follow, or Get Out of the Way
I'm sure it's merely coincidence, but shortly after the passage of the Jobs Bill by the Senate today, the DowJones spiked forty points. Or is it? Maybe one of the most deleterious effects of all the Republican stonewalling of the last year is on the economic front. They would like to think that they are making life difficult for Obama and the Democrats, but the rest of us are suffering, too.
After all, we're talking about health benefit reform, fianancial system reform, tax incentives for hiring, investing in the Green economy, and more; all subjects that have enormous impacts on businesses and their planning for the near future. So if you are a business, what are you going to do? You'll wait and see what comes out all these discussions. Unfortunately, this "wait and see" attitude slows down the economy, making it harder for regular people to find jobs, rearrange their retirement funds, and plan their own futures, which just exacerbates the situation.
I hope the electorate will remember this when the Roadblock Republicans come around in the Fall, asking for votes and trying to convince people that it is the Democrats are who are making their futures appear bleak.
- Kevin Shaw's blog
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