Promises made, Promises broken

Uncertainty damages business … and people too. Too bad about the student loan forgiveness plan.

18820225526_884e6b752d_zI remember (in 2012) when the Bush tax cuts of 2003 were scheduled to expire. Republicans raised a hue and cry about the “uncertainty” that this cast upon our economy. Businesses didn’t know how to plan – should they expect those tax cuts to be extended? or will taxes be restored? or raised? or lowered? What to do?

Yet, now, these same Republicans are reveling in a new world of uncertainty – one that makes every rule and every law an uncertain rule or law. Every day, the Republican Congress is voting on another rollback or another repeal. Rules that applied yesterday may not apply tomorrow. Promises made are being broken. Businesses don’t know how to plan – what to do?

Well, here’s today’s uncertainty and this time it is being cast on those with student loans.

Continue reading