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re: Obama: Extending Unemployment Benefits “Creates New Jobs”

Posted on 1/8/14 at 2:45 pm to
Posted by ironsides
Nashville, TN
Member since May 2006
8153 posts
Posted on 1/8/14 at 2:45 pm to
quote:

This really can't be refuted


Unless, for example, there is an oilfield to be developed but the government won't allow you to invest in developing it........

Demand can be there but profitability not be there. If you raise the price to where it is profitable, then the demand goes away. On the other hand you may decided to hold off on investment because you have no idea what the government is going to do in terms of regulation and taxation. Why not hold off until that calms down? We have an extremely business hostile administration.
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