I don't know. Consider, a lot of American companies are making a profit; but are afraid of hiring due to the unknown business climate. How much will the taxes be next year? What about the rising healthcare costs? What are my manditory expenses in hiring people? With Obamacare on the way, we have already seen healthcare grow before it's even released. The New York Daily News reports today that the cost of healtcare will exceed $20,000 per employee, with the companies paying upwards of $8,500 of that. Now, what will the costs be 'next year'? What about the deficit? How will the business be affected with the goverment meddling with the auto, banking, medical and drug industries?
Would you hire anyone more than absolutely demanded? I wouldn't. Now, with Mitt and his "claims" to abolish Obamacare, to stop the deficit spending, to cut taxes - a lot of these fears go away. I suspect that companies will start hiring again. Will it drop to 6%? Well, if Ronald Reagan was able to make a recovery as significant as he did by following conservative principles; and if Romeny can be depended on following similar Reagan principles , then he may indeed have a point.
Unlike most eveyrone in Congress (RINO and DEM), Romney has actually ran a business and generated both jobs, and a profit.
Amazing what crap some believe to make themselves feel better. RomneyCare, the blueprint for Obamacare, and you believe mitt will abolish obamacare.
” Romney has actually ran a business and generated both jobs, and a profit.”
I would argue that working on a venture capital board is not the same thing as running a company. While I don’t question his MBA perspective on business I doubt Romney has and real “feet in the factory” understanding of anything. He got the money and others made the decisions on the ground. Even his touted Olympics rescue was and exercise in lobbying the government for other peoples money to fund the exercise.
Romney record at the hand of government is no demonstration of Reagan principals in fact Romney denied Reagan thrice and ran his state like a progressive.
Replacing reality with our desires creates an illusion that will ultimately bring great disappointment and is dangerous.
Romney is no Reagan.. quite the opposite in fact
On the jobs front you may be right there is some pent up expansion but I believe less than you think. Lots of things have to happen to enable growth in jobs. Tax policy, regulations, capital availability and demand for product to name a few. People don’t conduct business to hire they hire to conduct business and job growth is usually a lagging trend. Romney has no to track record in government that would indicate he would do what needs doing.