I call BS, Mr New York Times.
The risk resides in:
1. The expiration of Bush tax cuts in January
2. The inclusion of new taxes/fees for ObamaCare
3. Massive deficits doubled by huge new ObamaCare expenditures
4. The Iraq Withdrawal Lie: the US is to station the same number of troops in Kuwait and "tour Iraq" each month with different groups of those troops.
5. The Afghan Withdraw Lie: (see above for some idea of the sneakiness of these criminal politicians)
6. Cap n Trade: huge increases in costs of energy
7. Oil Spill: more increases due to fight to end gulf drilling
8. VAT tax on the horizon
Costs, costs, costs, and costs upon costs.
Doesn't give any businessman I know a warm, cozy feeling.
THey are preparing the blame. They will blame conservative media for sabotaging the psychology. It’s our fault, and we must be curbed, ya see. Too much freedom of speech, and so on.
“Doesn’t give any businessman I know a warm, cozy feeling.”
It sure doesn’t. I’m due for a raise in July. I’m not holding my breath...I’ll be glad to just hold on to my health care package and/or my job.
I deal with many manufactures in my business segment. The only thing holding them back from increasing prices again is fear of lost sales and revenue. Most companies have cut costs to the bone and the only way to keep profitable will be to raise prices.
If oil spikes again this summer, that will be the nexus for price increases across the board.
If I might add #9
#9 The out of control cost at the local, state & federal levels of govt for employees and their retirements.