Lack of Investment Laid at the Doorstep of Democratic Policies?

Over and over liberals and progressives argue that the recovery of the US economy is being held back by the lack of investment by those in society with money- and they are right. There is a lot of money being sat on in our nation right now- record amounts which are just being held rather than invested, and this is a large reason why the US economy has not recovered.

Liberals and progressives believe that the reason why businesses and individuals are sitting on massive amounts of money range from racism to a desire for Obama to fail to greed to selfishness to a desire to just swim in their loot and not use it. When they talk about these rich people and profitable businesses sitting on their money they are angry, because they want to use the power and force of the government to make them invest the money. They don't understand what motivates these people and businesses, and it frustrates them, so they attribute their behaviors to irrational or evil motives.

But the truth of the matter is that the reason why individuals and businesses are sitting on cash rather than investing it is because of the policies, positions, rhetoric, beliefs, and desires of liberals and progressives. Progressives and liberals have created an environment of fear and uncertainty, and few are willing to invest in an environment such as that.

Under Obama and the modern-day Democratic Party, regulations and rules and barriers to profitability are being forced on businesses, costs of engaging in business is increasing with new mandates such as Obamacare, taxes are continually talked about increasing (even if they haven't really yet in reality) and every speech by every major politician in the Democratic Party promises to go after the very people who have money, profits are attacked and those who make profits are increasingly viewed as people to exploit and whose wealth the government should take, free trade is hurt by lack of free trade agreements and union kickbacks and increased tariffs and an overall hostile environment to free trade, and individuals are reluctant to engage in investing when the government is picking and choosing the leaders and has demonstrated contempt for well-established bankruptcy laws designed to protect investors (GM bailout).

It will not be until President Obama and the liberals and progressives who have achieved influence and positions of power in his administration are gone that the US economy will recover and businesses will begin to invest again. Even if the moderates and liberals who once were in control of the Democratic Party were in office, perhaps under a President Clinton, then our nation would be growing again and people would have jobs- but there is no moderate or Clinton on the ballot for the Democrats, only a progressive Obama at the top of the ticket who intends to double-down on his policies, especially when he will be a lame duck if he wins re-election and no longer have to worry about putting in place policies that get America back to work.

Do not forget either that Democrats in Congress supported President Obama's policies and put them into legislation and passed them, usually with no bipartisan support and a great many of which were strongly opposed by large numbers of Americans. They had an option to oppose the President, to moderate his policies, and to attempt to reach out for bipartisan consensus to create an environment more friendly to businesses and more encouraging to investors. But they didn't- in many cases, radicals like Pelosi and Reid led the charge to create more fear and uncertainty in doing business and investing in America, and for that they need to go.

Republicans should be the ones to benefit from the suicidal march of the Democratic Party in recent years, not because they necessarily are putting for brilliant ideas and are the best party in the world, but because under a Perry or Romney with a GOP House and Senate at least businesses will not be afraid any more, will feel like they can once again invest and make profits and provide jobs, and not be considered evil or wrong because of this success.

For more information, check out the post on Carpe Diem called We've Got a Sub-Par Recovery Because of Weak Investment Spending, Consumption Has Recovered.