Just look at the data released in the past week:
- Unemployment rate no change at 9.1%.
- The National Association of Credit Management (NACM) index revealed the index of unfavorable factors fell to contractionary levels.
- Restaurant operators reported softer same-store sales and traffic levels; Operators’ outlook for economic conditions fell sharply.
- Institute for Supply Management™ Manufacturing Business Survey Committee stated that the overall sentiment is one of concern and caution over the domestic and international economic environment, which is affecting customers’ confidence and willingness to place orders.
What the politicians must understand is business has a pulse, business is people, and the people who own/operate the business need to believe in today and the future. When Washington defines the direction We the People will produce prosperity.
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