Published: October 03, 2012
Economic uncertainty = bad for business. And bad for America, we'd add.
From The National Journal, Influence Alley blog, "BRT Pushes 'Uncertainty' Message Across States":
It may be recess, but major groups are ramping up ahead of lame duck lobbying. The Business Roundtable is already mobilizing its state members to coalesce around a common message: economic uncertainty = bad for business.
The national roundtable is asking state groups and executives to underscore to federal lawmakers just how dismal the economic outlook will be if Congress doesn't act quickly to avoid sequestration cuts, and to provide signals on whether comprehensive tax reform will happen by year's end. BRT released an economic outlook survey last week showing that CEOs aren't all that optimistic about sales or hiring within the next six months.
BRT President John Engler met with state business roundtables in Des Moines on Monday, and he discussed the consequences of the uncertainty with the board of the National Center for Policy Analysis on Tuesday.
Uncertainty's malign economic effects were the topic of a Fox Business interview with BRT President Engler on Tuesday.
Extra points to Liz Claman for using Sturm und Drang to describe widespread anxiety about the economy.
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