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Is Uncertainty Causing High Unemployment

RickV404 Wrote: May 19, 2012 11:46 PM
"What is causing continued slow economic growth and high unemployment in America?" A federal government that has gotten fatter under both Bush and Obama, financed through inflation.

In speaking with various business owners the word that I hear most often to explain why the economy remains so stagnant is "uncertainty."  Dr. Sanjai Bhagat, Provost Finance Professor at the University of Colorado and Contributing Editor for A Line of Sight.com, has extensively studied this this issue.  He presented his findings last week in Washington, DC at a special event sponsored by the American Enterprise Institute.  Following is a video link to the entire presentation and an brief post-event summary by AEI.  Also provided is a link to his research document.