Whining About Uncertainty
How many times in the past few months have we heard the pat answer “the job creators aren’t creating jobs due to uncertainty”. This has become a fine “whine” so to speak. The dictionary defines an entrepreneur as” the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits.” So, now we have entrepreneurs (also known as job creators) who want the profits but none of the risk?
Job creation is slow due to one essential fact-global demand is insufficient right now to cause businesses to hire. Of course, entrepreneurs are using their business acumen and initiative to try to gain an upper hand while h economy is slow. “Lower my taxes permanently, lower my risks, give me certainty”. You don’t get a risk premium on your investment without the risk, entrepreneurs. It has always worked that way and it always should.