RHSimard Wrote:
Nov 16, 2012 1:24 AM
That $83 billion/year from the Obama "little bit" is overly optimistic, as the author seems to imply with the parenthetical "at best.". It's a static-scoring calculation that fails to consider what happens when that capital is sucked away from where it is now, or should be: capitalizing productive enterprise. That so much of it is actually begin held back is the product of anti-business and unstable federal policies. Obama may end up getting lucky by confiscating idle capital, but what isn't idle will drain lifeblood from an already-anemic productive sector.