The solution to europe's problem is to reverse what caused its problem.
Simply stated Europe's governments hijacked 50% of their GDP. countries like Greece refused to fire governement workers while workers in their private sector (wealth producing) are falling by the wayside.
Here our problem is one of expectations. Businesses are sitting on troves of money but Team Obama has created an unfavorable business environment and has created uncertainty.
How can a business agree to invest in labor and raw materials with this uncertainty in the forms of higher taxes, environmrnt and business regulations that are strangling the very existence of business and the threat of ObamaCare.
One businessman said that in its current environment he has to hire two people to handle governement regulation complaince for every one person he hires for production.
I know that to be an honest estimate given Sarbanes-Oxley and now dodd-Frank.
America is going the way of Greece. today the only sector growing in america is the governement sector
I don't care who does it but we better focus on the private sector laying track for the private sector to grow this economy because governments do not promote growth
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