Economists and Federal Reserve officials are puzzling over the question of why, with our tightened labor force, are people not seeing wage increases? Additionally, there is a huge debate raging over the question of why, with oceans of free money everywhere, are companies not investing more and putting capital to work? Why are wages still stagnating and why doesn’t the corporate treasure trove of cash and capital availability lead to higher investment?
Some say it’s the downward force on prices driven by the efficiencies of the internet and technology. Some say it’s secular and possibly driven by the aging population or the effects of globalization. Watching the White House Correspondents Dinner last night, I couldn’t help but wonder if there wasn’t a large force at work…
President Obama was sublime at the WHCD last night. Self-deprecating, humorous, articulate – everything you’d want to see from him at an event that’s essentially a comedic roast of Washington and the people who cover it. I’ve been watching his performance at this event every year and have always noticed the same thing – no matter how funny the line he delivered, and no matter what the subject matter, there are always large pockets of attendees who simply refuse to laugh. Or even smile. They sit there in the audience with a look of utter disgust or hatred on their faces, an implacable disdain regardless of the mirth unfolding throughout the ballroom. The determination to hate this man and his ideals is stronger than ever – even now, in what Obama himself describes as “the fourth quarter” of his presidency.
Which got me thinking about the questions above – why aren’t businesses, with a few exceptions, investing more for the future? Is it possible that the overarching reason is a lack of belief that there will be any kind of future at all? How many people in America believe that Barack Obama has ruined the country and destroyed the future? How many nights a week does Fox News dedicate toward reinforcing this view? After six years of having this message drummed into their heads day after day, should we be surprised at all that so many people can’t shake it – and conduct their business accordingly?
In general, when you think the future looks worse than the past, you tend not to want to make big investments or put money at risk on new projects. They call this uncertainty. That’s how bond market curves are formed. It’s how multiples on the stock market expand or contract.
What if the White House itself – and its current resident – is the primary source of this uncertainty? What if this “Kenyan, marxist, gay-loving, gun-hating, Arab middle name-having, Harvard educated, big city-raised, tax-happy, community organizing black socialist” is the reason why so many people refuse to accept that things are getting better, not worse?
Could it be that the Barack Obama presidency is the most deflationary force in America right now?
Just a thought. Would the nation’s attitude toward investing in the future be different if the guy who ran the country looked more like the presidents of olden times?
lefkoşa kirakık ev fiyatları
[…]very couple of websites that take place to become comprehensive below, from our point of view are undoubtedly nicely worth checking out[…]
old postcards
[…]although internet sites we backlink to beneath are considerably not associated to ours, we feel they may be in fact really worth a go by way of, so have a look[…]
trička
[…]check below, are some totally unrelated web-sites to ours, however, they are most trustworthy sources that we use[…]
easy ways to make money
[…]Sites of interest we’ve a link to[…]
home improvement loan rates
[…]please visit the web pages we adhere to, which includes this one particular, as it represents our picks in the web[…]
womens vibrator
[…]Wonderful story, reckoned we could combine a few unrelated information, nevertheless actually really worth taking a search, whoa did 1 understand about Mid East has got far more problerms as well […]
learning objective examples
[…]the time to read or stop by the subject material or web-sites we’ve linked to beneath the[…]
cheap cock rings
[…]Wonderful story, reckoned we could combine a couple of unrelated data, nevertheless genuinely really worth taking a search, whoa did a single learn about Mid East has got far more problerms too […]
air canada traveling with skis
[…]Every as soon as in a though we pick out blogs that we study. Listed beneath would be the most up-to-date web sites that we opt for […]
butterfly sex toys
[…]just beneath, are quite a few totally not associated web sites to ours, however, they are surely worth going over[…]
adam and eve sex toys
[…]Every once inside a while we choose blogs that we read. Listed beneath are the newest internet sites that we select […]
sex toy review
[…]that could be the end of this write-up. Here youll discover some web-sites that we believe you will appreciate, just click the links over[…]
pink rabbit sex toy
[…]Sites of interest we have a link to[…]
sex toy bullet
[…]just beneath, are numerous absolutely not connected web pages to ours, having said that, they may be certainly worth going over[…]
surfboard for hire huntington beach
[…]Every after in a although we pick blogs that we study. Listed below would be the most current web sites that we pick out […]