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?
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."
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?