Monday, November 8, 2010

So Now What?

Republicans have re-taken the house following the Mid Term election. So now what kind of effect will they have on the economy? Here's the thing-all I keep hearing is we need more tax cuts to give small business a break so they can create jobs. WRONG, WRONG, WRONG. This country needs BIG BUSINESS to start creating new jobs. But I don't think its going to happen. Look, any job creation is good, but small business really can't take a bite out of the 9.6 percent unemployment rate. We need big business to start hiring again. Factories, assembly lines, that's where you can make the biggest impact. But businesses are being cautious. They don't want to get caught again like they did the last couple of years. So they will figure out how to manufacture the most with the least. Simple as that. Government needs to help the larger companies so they can hire hundreds of people at a time, and those factory jobs will pay more. But until you and I feel the confidence to buy more cars, washing machines, homes and such I'm afraid it may not matter who is in control of the house or senate.

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