Last month at the Democratic National Convention, the president outlined a framework of how he plans to put America back on a path to economic recovery and sustained growth. To realize the specifics of his vision, there are a number of pillars he must address, and one of the biggest issues he will need to put to rest is the widespread uncertainty shared by businesses large and small. He has the opportunity at the first presidential debate tonight in Denver, Colorado to talk directly to voters on this important topic.
Despite a concerted effort by some to dismiss ‘business uncertainty’ as a myth, it’s become undeniable that lack of predictability around regulations and taxes is a real road block to investment and a barrier to growth.
(Source: The Hill, 10/3/12, “Providing Certainty on Tax and Regulatory Policy,” by Sensible Regulations Chairwoman Blanche Lincoln)