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The Raub Blog


JUMP STARTING THE ECONOMY

by admin on August 24, 2011

COLLEGE STATION (Real Estate Center) – There are seven reasons business owners do not want to hire right now, according to Real Estate Center Chief Economist Dr. Mark Dotzour writing in today’s REC blog.

Complete uncertainty regarding the future cost of health care for business owners
Two thousand pages of bank regulation that has yet to be enacted
Regulation of health care and health insurance
Regulation of off-shore oil drilling
Regulation of oil-shale deposits
Complete uncertainty about future income tax rates
Complete uncertainty about future capital gains tax rates
“When business owners are unsure about their future, what do they do? Nothing,” writes Dotzour. “They just try to survive until the storm is over.

“They also hoard cash, like almost $2 trillion at this point. Our economy is not going to recover until businessmen and women regain confidence in the future opportunities in our country.”

What would a business-friendly environment look like? Read the complete blog.

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