Uhm...
Paraphrase: Since Obama has the audacity to run for president and since he's the favorite, business is not hiring, thereby driving up the unemployment rate.
Jeez, lackshisnuts! You're really getting too easy. It's not that much fun any more.
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Uhm...
Paraphrase: Since Obama has the audacity to run for president and since he's the favorite, business is not hiring, thereby driving up the unemployment rate.
Jeez, lackshisnuts! You're really getting too easy. It's not that much fun any more.
Your left brain comprehension is the culprit here. A number of issues are in play that includes the promise that Obama will raise taxes on business's. You need to keep up with what Obama has promised if elected.
Uncertainty and the threat of higher taxes will put a damper on business hiring. Any fool knows that.
I can't comment on this directly because I'm not aware of all his tax positions but just by his running right now he is/might be affecting the market. His positions on certain tax policies may be being built into the market right now.
For instance, if you are concerned about capital gains taxes you may want to start selling stocks this year that you might not have considered selling just yet. The mere mention that he wants to raise the rate from 15% to whatever number he is proposing (I've heard 20, 30, 40) has investors looking at their portfolios. If this impacts you, you might want to do the same.
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