The Atlantic "There are two reasons why the U.S. is falling behind. First, a lot of other countries are doing good reforms while we're standing still. Second, we have lingering government interventionist policies and spending is growing. We need to cut spending to make our fiscal future more reasonable, more viable."
The Age of Uncertainty "All this uncertainty “complicates planning and discourages hiring and investment” because “businesses tend to be more reluctant to invest when they perceive high levels of uncertainty about various things, including taxes.”
"One bitter fruit of all this uncertainty can be gleaned from a recent Federal Reserve study. The Fed calculated that skittish companies are now sitting on nearly $2 trillion of cash reserves rather than deploying those resources to expand payrolls, build new plants, or purchase new equipment. This is not only $130 billion higher than it was at the end of June but, as a percentage of total assets, the highest cash-reserve level in over half a century."
The liberal solution would be to tax those cash reserves out of existence and let the gubmint allocate it. About ten cents of every dollar might get to the actual place for whch it is intended .
Don't fret; this country's in the very best of hands
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