Congress Has Inhibited Growth By Creating Uncertainty: Fisher |
CNBC - Jul 7, 2010 |
Congress and the government have inhibited growth by creating uncertainty about business costs, Dallas Fed President Richard Fisher told CNBC Wednesday.
“We need clarity," said Fisher. "My background [in business] tells me that you can’t eliminate uncertainty, but you have to reduce it as much as possible.”
Questions about healthcare expenses, for instance, have kept businesses from hiring new workers, said Fisher, because executives don't know how much it will cost them. Businesses also have concerns about other costs, such as whether a VAT [value-added tax] will be imposed.
Read Full Article from CNBC
- Posted: 2010-07-07 11:52:39
More Stock Investor Place Top Stories |
|
|
|
Stock Investor Place Top Stories Archive |
|
|