Uncertainty paralysis

Published June 6, 2012 4:00am ET



President Obama would do us all a big favor if he’d ask himself this: “Would I start or expand a business without knowing what regulations or taxes government will impose next year?”

If he’d just stop and ask that, he’d have a sense of what’s wrong with the economy. He’d understand why a country that must create 120,000 new jobs each month just to absorb newcomers created only 69,000 last month.

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