Chart of the Day
Posted at noon on Nov. 20, 2012
– Chart showing a recent spike in uncertainty among small businesses surveyed by the National Federation of Independent Businesses, via John Mauldin.
“It seems that all politicians can do is talk about the need to create jobs, yet the reality is that government doesn’t create jobs. It can create the conditions in which jobs are created, but it is up to the individual businessman (or, increasingly, businesswoman) to make a decision to hire additional workers… Let’s hope that our political leaders can give us a little more certainty and that it will not be the certainty of a recession.”