the uncertainty is for real and Obama and team better wake up . . .
It's always good news when you see the unemployment rate decrease and that's what the latest figures show that came out today. The drop from 10% to 9.7% is good news for families across the country. Ed Morrissey over at HotAir has written a concise, easy to understand article on what's all in this latest drop.
The bottom line on unemployment is that it will not start showing marked improvement until:
1. Obama and the Dems cut taxes on the job creators
2. Obama and the Dems stop all the regulations and new leftist programs
Business does not like uncertainty and right now Obama and the Dems are doing nothing but providing uncertainty-on-steroids to the business community. Consequently, companies of all sizes, but particularly the small businesses which are the backbone of our economy, can not do any long range planning.
It's become very clear how ill-prepared these folks are in leading this country when this White House has so few of its staff and cabinet leaders who have ever run a business or been involved with the daily operation of a business.
I believe that we will not see any marked improvement in the unemployment level until after November and that's only IF Republicans retake the House and Senate and they actually legislate like Conservatives this time around. It would be the balancing act that I think would provide business with some calmness and allow them to at least realize that nothing to much was going to happen with a Conservative Congress and a Leftist President fixed in a stalemate.
Until then, well, I hope it gets better but the environment is just not business friendly right now.