Michael Bennet Understands Job Creation?

You decide:

"If our companies in Colorado don’t have predictability about the future, they will have to make decisions that will result in layoffs for people," he says. "So every minute counts.”

My guess is that as long as it's a "green energy" company, factoring in future costs DOES affect job creation. Huh, I wonder if it works the same way for non-green companies when it comes to the HC bill and the tax cuts due to expire Jan. 2013?

http://www.kunc.org/post/sen-says-every ... tax-credit

Phil Anschutz certainly felt that Michael Bennet understood business creation when Bennet was the managing director of the Anschutz Investment Co.

Something the Dog Said wrote: Phil Anschutz certainly felt that Michael Bennet understood business creation when Bennet was the managing director of the Anschutz Investment Co.

I wish Obama had the same business mentality.

That's what really drives me nuts about jobs, the economy and the market... Everyone hopes there's some complex formula that will accurately predict it. Movies have been made about that. Everyone wants a logical, controllable system.

The problem is, it's all emotional. None of it is based on logic. It's all based on how those with control of the assets feel about the future, about the government, about their own personal satisfaction.

When it comes to emotions, there's no grand equation. No magical series of numbers. No accurate predictions.

It's all based on feelings.

I wonder why women haven't taken total control of the economy yet... they're much more in touch with their feelings than most men are.

Nobody that matters wrote: That's what really drives me nuts about jobs, the economy and the market... Everyone hopes there's some complex formula that will accurately predict it. Movies have been made about that. Everyone wants a logical, controllable system.

The problem is, it's all emotional. None of it is based on logic. It's all based on how those with control of the assets feel about the future, about the government, about their own personal satisfaction.

When it comes to emotions, there's no grand equation. No magical series of numbers. No accurate predictions.

It's all based on feelings.

I wonder why women haven't taken total control of the economy yet... they're much more in touch with their feelings than most men are.

I agree there is no grand equation, but common sense should be applied. I've been a business owner for 20 years and it's pretty simple to understand when it's logical to hire and when it's neccessary to lay off. It's simply based on current and future costs. If employing one more person is cost effective now but may not be if future costs are expected to rise, then it's much harder to justify hiring than person.

CritiKalbILL wrote: I agree there is no grand equation, but common sense should be applied. I've been a business owner for 20 years and it's pretty simple to understand when it's logical to hire and when it's neccessary to lay off. It's simply based on current and future costs. If employing one more person is cost effective now but may not be if future costs are expected to rise, then it's much harder to justify hiring than person.

"future costs are expected to rise" those predictions have to take the emotions of your suppliers into account - the finance world rises and falls simply by switching back and forth from pessimism to optimism.

I'm a computer guy. I like machines. They're the ultimate in predictability. I dont like systems based on the deepest darkest depths of the human psyche... "Here there be monsters"

Nobody that matters wrote:

CritiKalbILL wrote: I agree there is no grand equation, but common sense should be applied. I've been a business owner for 20 years and it's pretty simple to understand when it's logical to hire and when it's neccessary to lay off. It's simply based on current and future costs. If employing one more person is cost effective now but may not be if future costs are expected to rise, then it's much harder to justify hiring than person.

"future costs are expected to rise" those predictions have to take the emotions of your suppliers into account - the finance world rises and falls simply by switching back and forth from pessimism to optimism.

I'm a computer guy. I like machines. They're the ultimate in predictability. I dont like systems based on the deepest darkest depths of the human psyche... "Here there be monsters"

But there ARE absolutes like tax increases, new regulations, and new costs like in the HC bill that are not just maybes and what ifs. The driving force behind every business is profit, and when you KNOW there are higher costs in the near future, you must use that information in hiring decisions.

Unless you are the government, then none of what I said matters at all.

CritiKalbILL wrote: But there ARE absolutes like tax increases, new regulations, and new costs like in the HC bill that are not just maybes and what ifs. The driving force behind every business is profit, and when you KNOW there are higher costs in the near future, you must use that information in hiring decisions.

Unless you are the government, then none of what I said matters at all.

I understand what you're saying - there are hard numbers that can and are used in predicting the future. Those can be used for 5 or 10 years out, although they get pretty unstable at 10 years.

Those numbers also affect the overal 'feeling' of the marketplace, positive or negative. High upcoming costs will cause most decision makers to tighten up in order to ride out the predicted lower profits. People in positions of power in the government have a direct effect on that overall feeling through both words and actions.

Nobody that matters wrote:

CritiKalbILL wrote: But there ARE absolutes like tax increases, new regulations, and new costs like in the HC bill that are not just maybes and what ifs. The driving force behind every business is profit, and when you KNOW there are higher costs in the near future, you must use that information in hiring decisions.

Unless you are the government, then none of what I said matters at all.

I understand what you're saying - there are hard numbers that can and are used in predicting the future. Those can be used for 5 or 10 years out, although they get pretty unstable at 10 years.

Those numbers also affect the overal 'feeling' of the marketplace, positive or negative. High upcoming costs will cause most decision makers to tighten up in order to ride out the predicted lower profits. People in positions of power in the government have a direct effect on that overall feeling through both words and actions.

:thumbsup:

Both parties are putting the Nov. election and their political careers ahead of the country by ignoring all the tax policy expirations at the end of 2012. And yep, businesses and investors hate future policy uncertainty. Major reason we have sluggish 2% growth.