Saturday, August 20, 2011

CEO survey says Obamanomics is still the problem

Chief Executive magazine updated its CEO Confidence survey and executives continue to report that they'll be more willing to hire when Obamanomics (Obamacare, regulations, protectionism, high taxes, and trillion-dollar deficits) is repealed or scaled back:
The ranking of hiring-inducing priorities that were ranked “important to extremely important” were as follows:

  1. Backlog of work or increased revenue — 88.2 percent
  2. Evidence of economic expansion — 77.2 percent
  3. Repeal of Health Care Reform or eliminate uncertainty over its provisions — 71.6 percent
  4. Reduction in government regulation of business — 62 percent
  5. Government holds line on debt ceiling — 56.3
  6. Reduced corporate tax rate to OECD average — 54.3
  7. Balanced federal budget — 53.9
  8. Gov’t passes all free trade agreements without delay — 48.8
  9. Repeal Dodd-Frank or eliminate uncertainty over its provisions — 48.2
Hat tip: LegalInsurrection.

PREVIOUSLY on Obamanomics:
A CEO explains how Obama's policies damage the economy
CEO: businesses are "frightened to death" of Obamacare and Obama's regulatory overreach
Obamanomics and the prolonged recession
How to lie with statistics
3M: “Politicians forget that business has choice"
Obamacare: Corporatism in action
Obama 0, Germany 1:
Medical insurance prices rising due to ObamaCare
Laws of Economics 1; Obama 0
Why Liberal economics fails: redistribution does not create wealth (Illustrated)
Obamacare endangers student health
Why business isn't hiring
Dodd-Frank finance "reform" bill stops bond market cold
Why unemployment insurance must be extended (illustrated)
Obamanomics still failing, Washington Post discovers
Russia goes supply-side
Study: Liberals are economically illiterate

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