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Browne: Key to Jobs is Planning Certainty

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  • Description

    John Browne of Euro Pacific Capital gives his outlook for jobs and unemployment.

  • Duration 3:29
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-- look only on the it's all about jobs.

The latest -- -- 4 out Friday morning the day after -- Obama officially accepts his party's nomination.

Pretty tricky time for the president -- -- -- -- grant of Euro Pacific Capital -- they say timing is everything nearby.

We aren't really talking about this job -- -- Friday what are you expecting here.

Well I think -- still -- -- batted.

It may may increase moderately deep -- Margaret who can tell.

But I mean the basic rate of job creation is Bob and what is required to get the economy getting and jobs are -- -- key to the economy.

-- because consumer demand which is 70% of our economy depends on competence.

I'm Nick Cage of confidence is jobs and they came to jobs is planning seventy.

And we just had the last speaker speaking the great uncertainty over tax rates -- -- regulations.

Out of course that huge fiscal cliff.

That is facing us on January the first by a totally irresponsible.

Congress that threatens two million more jobs in the defense industry -- around.

Right no women hearing about this lack of comments for awhile now and no one's really done anything about it and to your point we are coming down to deadlines.

December 31 basically is the big 14 -- and yet nothing's been done we are wrapped up in these elections right now but do you think.

The election will make a difference.

I just they're now I mean this -- -- -- -- -- who can tell.

IA if that Romney -- wins that I think there's more likelihood that something constructive will be done but the moment we have an antique.

Business government and small businesses are key to job creation.

-- a government which will not control it spending.

Doesn't even have a budget for the law employee has told about -- -- did not even the government knows what it's doing this and so it spews out tons of cash.

But all that cash instead of -- into jobs is -- and a bank account right of individuals and corporations and even banks.

There's plenty of cash what is required is at seventy and that seventy comes from -- -- -- And I think the great -- jobs of that happening is if that Romney wins the election.

It's all about demand not the end of the day as you mentioned right we can all be sitting on cash for not him at this point.

But until there's -- demand for the -- not this.

Oh yes I mean technology.

Ed -- But -- -- -- -- fact is if you look at one of the greatest technology one of the greatest companies on out is apple.

Well how they've been -- drawing more -- 80% of their employment is that is the problem.

I mean I didn't.

People willing to work Hobbits are hot defined and then nearly -- in the noted generations unfortunately.

And that company like apple employs at one out of five people in the United States instead of abroad that's the sad thing by view it's it's a factor of leadership.

Create seven -- will stop --

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