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« Embassy of Mexico: 1,200 U.S. troops should do anything except stop illegals | Main | Harvard study on bad bacon: Powerful congressmen mean fewer jobs »

May 27, 2010

Comments

CJW

There is plenty of money being saved right now as well.

The problem is that folks who want to invest that money see too much risk and uncertainty to put it anywhere that will help them get a return and also help fuel economic growth. With interest earnings so slow, only that bad old inflation bug will help change that. And with the reality check that tax rates on earnings will be going up in the near future, the star isn't going to be so bright on the investments that could earn more today if the market were healthier.

Many investment advisors are telling people that cash is king and hold on to it until events settle down.

Too much uncertainty is holding back everything and this administration is generating far too much uncertainty with their failed experiments and promises of more taxes on investment earnings.

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