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Old 10-27-2010, 06:48 PM
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d-ray657 d-ray657 is offline
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Anyone wanna take bets . .

that if the Republicans gain a majority in either house, the employers will suddenly let go of all of that cash they have been hoarding, and the GOP will take credit for the increase in employment. Never mind that the stimulus program put much of that money in the companies' pockets.

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D-Ray
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Old 10-27-2010, 06:51 PM
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finnbow finnbow is offline
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Quote:
Originally Posted by d-ray657 View Post
that if the Republicans gain a majority in either house, the employers will suddenly let go of all of that cash they have been hoarding, and the GOP will take credit for the increase in employment. Never mind that the stimulus program put much of that money in the companies' pockets.

Regards,

D-Ray
Actually, I'd take that bet. Businesses are hoarding cash due to uncertainty about the economy. The GOP takeover of the House (I doubt they'll get the Senate) will not change any uncertainty about the economy.
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Old 10-27-2010, 10:44 PM
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Originally Posted by finnbow View Post
Actually, I'd take that bet. Businesses are hoarding cash due to uncertainty about the economy. The GOP takeover of the House (I doubt they'll get the Senate) will not change any uncertainty about the economy.
I guess I've stayed ahead of you in cynicism; I don't trust the excuses they've given.

Regards,

D-Ray
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Old 10-27-2010, 10:56 PM
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Of course, the GOP will take credit when the economy inevitably gets turned around (with or without their help). That much I'm certain of. It's the idea of business sitting on their cash until the GOP takes over the House that I'm skeptical about. They'll spend when they figure they'll make money from doing so (as it should be IMHO).
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Old 10-27-2010, 11:37 PM
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I tend to lean more towards what Finn is saying these days. But, then again, hoarding due to uncertainty in the economy can be tied in, if they believe a GOP house will mean they get to keep their Bush era tax cut.
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Old 10-28-2010, 07:54 AM
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Quote:
Originally Posted by d-ray657 View Post
that if the Republicans gain a majority in either house, the employers will suddenly let go of all of that cash they have been hoarding, and the GOP will take credit for the increase in employment. Never mind that the stimulus program put much of that money in the companies' pockets.

Regards,

D-Ray
Ah, so you finally agree with me! No, I won't take that bet because I don't believe a single one of the excuses they have been giving for not hiring. There is enough demand that they are working existing staff overtime, so all the excuses are the usual BS.

BTW, we are now a third world country, BMW is going to build cars in SC (Senator Demented's stomping grounds) because they can pay people $15 per hour, half of what their German workers get, the freetraders have finally achieved their goal.
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Old 10-28-2010, 08:52 AM
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If the employers release their funds, it will show that the uncertainty came from not knowing what the government is planning under the Dems.

And it's the Dems own fault. I don't think I've ever heard such business bashing in my lifetime. Class warfare rhetoric doesn't help anyone.

Pete
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Old 10-28-2010, 09:47 AM
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Originally Posted by piece-itpete View Post
If the employers release their funds, it will show that the uncertainty came from not knowing what the government is planning under the Dems.

And it's the Dems own fault. I don't think I've ever heard such business bashing in my lifetime. Class warfare rhetoric doesn't help anyone.

Pete
Well the teabaggers say they want to take us back, back to when? To the 50s, 60s and 70s when we still had a middle class? Or to the 80s, 90s and 00s when Saint Ronnie started the war on unions and the middle class? If you don't like class warfare just remember that the Republicans started it.
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Old 10-28-2010, 10:13 AM
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Business' allegiance is to the bottom line. If they think investing/hiring will improve their bottom line, they'll do it. If not, they won't. The question is whether they think a change in the House will materially impact their bottom line. Some might, others won't.

I'd be thrilled if the economy miraculously goes gangbusters after the election. You can't change the fact that both parties will claim credit or assign blame. But if people get back to work, we'll be better off for it.
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Old 10-28-2010, 11:05 AM
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Quote:
Originally Posted by piece-itpete View Post
And it's the Dems own fault. I don't think I've ever heard such business bashing in my lifetime. Class warfare rhetoric doesn't help anyone.

Pete
Perhaps not. But it is a great deal of fun, and I believe it's good that the "Captains of Capitalism", occassionaly get to hear what people really think of them.

I will have to disagree with you on one point, though, Pete. I think their own behaviour brings it on and they bear sole blame. The Dems just have the audacity to say what others won't.

Dave
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