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In response to
"That's true. Romney's would simply respond that the private sector's job creation should be strong enough to pick up that slack."
by
con_carne
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Corporate profits may be high, but that doesn't oblige companies to hire more people.
Posted by
Roger More (aka Rogermore)
Jul 2 '12, 11:33
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We're in a vicious cycle at the moment where companies are not investing or hiring because they are not sure when people are going to start spending money again, and people are not spending money because companies are not hiring or investing.
Breaking that cycle is government's job, not the private sector's.
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