Thursday, July 8, 2010

Congress Has Inhibited Growth By Creating Uncertainty

Subject: txt econ mny - : Fisher



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...

READ MORE

No comments: