New jobs are being withheld by corporate America to force Obama out of office. Is political posturing and the failure to compromise ruining our country?
the_old_coach
2012/06/29 15:35:03
I noticed this in an article this morning about the recent SCOTUS decision on Healthcare:
U.S. corporations are sitting on more than $1.2 trillion in cash - $3.5 trillion counting the financial sector - that has not been deployed, in large part due to anxiety over health care, the looming fiscal cliff in Washington, and the European debt crisis.
http://finance.yahoo.com/news/businesses-didnt-health-care-ru...
Where are the jobs? They are being withheld for political purposes. The American people are being held hostage by corporate America to force Obama out of office.
Even though we want Obama out, is it really the right thing to do--to disallow the functioning of the government and ruin people's lives--in order to achieve those goals?
U.S. corporations are sitting on more than $1.2 trillion in cash - $3.5 trillion counting the financial sector - that has not been deployed, in large part due to anxiety over health care, the looming fiscal cliff in Washington, and the European debt crisis.
The Supreme Court decision "increases the likelihood that businesses will continue to hold onto that cash to see how the election turns out," said Greg Valliere, chief political strategist at Potomac Research Group in Washington, D.C. "If Romney wins, he will overturn the Affordable Care Act within days of his inauguration on Jan. 20. Therefore, the reluctance of businesses to spend and hire will persist at least through the election."
http://finance.yahoo.com/news/businesses-didnt-health-care-ru...
Where are the jobs? They are being withheld for political purposes. The American people are being held hostage by corporate America to force Obama out of office.
Even though we want Obama out, is it really the right thing to do--to disallow the functioning of the government and ruin people's lives--in order to achieve those goals?

















The same "little folks" that bailed them out!
Lord have mercy.
I hear having a rainy day fund for say umm 3 monthes for unexpected items that may arise is a good thing
only difference I see is the dollar amount between a individual and a business
let's see, invest in green jobs which was never there in the first place while
lamblasting the Chamber of Commerce
obama is so anti-business he's gonna need to envoke Excutive Privledge
It is Obama and the dems causing this... Corporations do not sit on money just to get rid of a politician when there is a tidy profit to be made... But what nut is going to stick their neck out and be the first to risk capital trying to navigate the regulatory/economic mine field that Obama and the dems have laid out? Obama is a piss poor leader who does not inspire confidence and he has also shown a severe contempt for business and the profit motive but I am sure that is all Bush's fault too LOL.