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The main reason U.S. companies are reluctant to boost hiring is weak demand, rather than...

The main reason U.S. companies are reluctant to boost hiring is weak demand, rather than uncertainty over government policies, according to a majority of economists in a new WSJ survey. "There is no demand," says one. "Businesses aren't confident enough, and the longer this goes on the harder it is to convince them that they should be."
Comments (22)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    "The main reason U.S. companies are reluctant to boost hiring is weak demand, rather than uncertainty over government policies, according to a majority of economists in a new WSJ survey. " Why in God's name would this survey be of economists? Doesn't the WSJ have enough contacts in the business community to poll real business owners?
    18 Jul 2011, 05:40 PM Reply Like
  • bbro
    , contributor
    Comments (10590) | Send Message
     
    So Romney gets elected we will start building a 1.5 million new homes a year???
    18 Jul 2011, 05:45 PM Reply Like
  • warrenrial
    , contributor
    Comments (562) | Send Message
     
    If Romney gets elected you will be out of a home.
    18 Jul 2011, 06:14 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    warrenrial,

     

    And you have data to support that claim?

     

    More people have lost their houses since the election of Obama, than for the last 80 years.
    18 Jul 2011, 06:18 PM Reply Like
  • warrenrial
    , contributor
    Comments (562) | Send Message
     
    He sure messed up the healthcare in Massachusetts. Your are correct about Obama.
    18 Jul 2011, 06:32 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    So.........GW sends the economy off the cliff and your criticizing President Obama for not stopping it dead in its track, in midair.

     

    Your smarter than the 1980!
    18 Jul 2011, 09:59 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    So, Which came first, the Chicken or the Egg?
    18 Jul 2011, 05:47 PM Reply Like
  • Reconsidering
    , contributor
    Comments (47) | Send Message
     
    The egg... unless one doesn't believe in evolution
    18 Jul 2011, 06:21 PM Reply Like
  • golongcheckdownmkt
    , contributor
    Comments (40) | Send Message
     
    Why doesn't someone follow up this "NEWS" with the main reason for weak demand is reluctant hiring by U.S. companies.
    18 Jul 2011, 05:49 PM Reply Like
  • The Geoffster
    , contributor
    Comments (4221) | Send Message
     
    Uncertainty dampens investment. Demand drives hiring.
    18 Jul 2011, 05:53 PM Reply Like
  • paulo.pereira
    , contributor
    Comments (492) | Send Message
     
    How could it be difficult to understand that companies just produce more if they sell more ?
    18 Jul 2011, 05:55 PM Reply Like
  • HiSpeed
    , contributor
    Comments (1201) | Send Message
     
    Weak demand is a derivative of uncertainty over government policies.
    18 Jul 2011, 06:07 PM Reply Like
  • Tricky
    , contributor
    Comments (1682) | Send Message
     
    Maybe a third order derivative. But I doubt there are that many consumers weighing uncertainty over government policies when they are contemplating purchases.
    18 Jul 2011, 06:28 PM Reply Like
  • Reconsidering
    , contributor
    Comments (47) | Send Message
     
    Right... if you are unemployed or underemployed you are not buying a new car because you don't know if they will raise taxes and/or cut government spending...
    18 Jul 2011, 06:28 PM Reply Like
  • WMARKW
    , contributor
    Comments (10472) | Send Message
     
    But I suggest many consumers are frightened enough to be working hard on paying off their debt as opposed to increasing it.
    18 Jul 2011, 11:16 PM Reply Like
  • tjohn1
    , contributor
    Comments (152) | Send Message
     
    The reason American corporations see little demand for their products is their dependence on domestic demand rather than demand abroad. There is huge demand in emerging markets. But our folks do not sell there simply because their stuff is overpriced compared to locally made goods. In addition our American made goods can not compete in our own markets against imports. Our monetary and fiscal stimulus programs promote U.S consumer consumption which means usually American consumption of imports. It seems we can not win any way! God bless America!
    18 Jul 2011, 06:27 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    tjohn1,

     

    That is only true on the consumer goods level ( Read cheap)

     

    As Far as Durable capital goods, just look at Caterpillar as an example.

     

    THe US still manufactures some of the best products in the World.
    18 Jul 2011, 06:56 PM Reply Like
  • tjohn1
    , contributor
    Comments (152) | Send Message
     
    In India where demand is increasing rapidly Caterpillar does not sell as well as its competitors. Yes Caterpillar is great but their products are too expensive in India. Check it!
    18 Jul 2011, 07:16 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Understood,

     

    Some people will go for cheap vs quality.

     

    But the weak dollar ( one of the few benefits of such)

     

    Makes the Good stuff, not that much more expensive.
    18 Jul 2011, 07:21 PM Reply Like
  • Duude
    , contributor
    Comments (3398) | Send Message
     
    We really don't have much of a market to sell to in India. They are truly cheap on price and willing to forego quality for that better price. They're much like a Walmart shopper.
    18 Jul 2011, 08:02 PM Reply Like
  • Monngie
    , contributor
    Comments (928) | Send Message
     
    This just supports my contention that we need a BIG middle class tax cut. It's the only way they will spur demand.

     

    Oh, it might even buttress ideas concerning redistribution of wealth in a consumer driven economy.

     

    Boy, the Repubs are going to have a field day with this one. Or...they'll just ignore it.
    18 Jul 2011, 10:12 PM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    Mongie,

     

    How can you give the middile class a tax cut, when most don't pay taxes?

     

    Especially given that the top 10% pay 86% of all taxes.

     

    That's your deficit reduction and sustainability solution?

     

    And you know, or if not, that there are not enough "rich" people to fill the budget hole.

     

    Must be that liberal math being taught by union, school teachers in public education, yes funded by the rich, BTW.
    18 Jul 2011, 11:19 PM Reply Like
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