When it comes to picking a catch-all term to criticize the White House's economic policy, uncertainty is the new socialism.
On the surface, worries over taxes, trade, and regulations are driving the Obama and business split. Yet both sides are also playing a rhetorical blame game over the weak economy. The jobless rate is 9.5 percent, and corporate America and the Administration think the other side is not doing enough to create new jobs. Obama wants companies to spend part of their $1.8 trillion cash stockpile to create new products and open factories to generate employment. If the President wants to create jobs, business executives counter, then he should back off the regulatory onslaught and give business more certainty about the future.
Give yourself more certainty about the future by clicking on this link and dedicating 3 minutes of your time to a nice summation of the war between Obama and business, from BusinessWeek.
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