You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #10: they have a point [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
TheWebHead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 12:46 PM
Response to Original message
10. they have a point
this is not the environment to be discouraging capital investment, and money has been flowing ruthlessly out of the markets since the release of the budget. I agree with many of the ideas presented, but now is not the time and when introduced, they should proceed with caution. The last time we had this violent of a drop in October, we saw a huge drop in consumer spending and it triggered a large wave of layoffs. If people think the deck is stacked against them in terms of investment, they'll just park it in friendlier environments or in treasuries. All that makes it harder for companies to fund operations and expansion. You don't see anymore secondary offerings. The IPO market is gone. Takeovers are few and far between. To main street, all that means is no new jobs.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC