From Pine View Farm

The Uncertainty Scam and Other Misdirection Plays 3

Glomarization considers the “businesses aren’t hiring because of uncertainty” trope. A nugget:

Why do people repeat the “uncertainty” line without making the people who claim uncertainty explain it?

I’ll tell you what uncertainty is. It’s not knowing whether you can pay the rent or put food on the table next month.

I am not the first to notice that our brave and fearless Galtian overlords are frequently reduced to melted puddles of mindless trembling because the future is an unknown.

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3 comments

  1. George

    October 14, 2011 at 7:40 pm

    I always thought of it as an excuse. When you’re a business owner who voted Republican and then had your business tank in 2007-2008 because of collapse of the economy under GOP rule and subsequent collapse of demand, AND you don’t like the guy in the White House you make up that you’d be doing all right if it weren’t for “uncertainty.” I know a couple people like this. Their little enterprises are really off, have been since the collapse, and they’ve adopted this among other tropes because it hasn’t occurred to them we haven’t ever recovered from what eight years of Bush rule wrought.

     
  2. Frank

    October 15, 2011 at 2:02 pm

    I think they don’t see it as an excuse.  Speaking generally of our Galtian overlords, they are part of the entitlement society.  

    If they aren’t getting what they think they are entitled to, they must blame someone–someone else, that is.

     
  3. cassandra m

    October 16, 2011 at 10:39 am

    This current crash provides the Galtian overlords with a great cover to push for more stuff they want.  Like less regulation.  The people who are at the forefront of this are the people who have been largely insulated from the crash because they had tons of cash, they were able to let go of people and plant and they put their money into Treasuries and stocks which kept their money working enough to keep the books looking good.