Originally Posted by KC native
No, I work with this stuff for a living. I follow it a lot closer than you do.
For the bolded part, I said nothing of the sort. But if you were to look at recent earnings misses or guidance reductions, the common themes are deleveraging the the European Sovereign Debt fallout. Businesses aren't blaming Obamacare for that stuff.
I'll be the first to admit that Obamacare isn't the ONLY factor here. BUT you can only blame Bush and Europe for so much. You can't blame Bush at all for any current uncertainty and Europe is only in the forefront of the mind of certain businesses (I'm not saying that is right or wrong).