GOP Chaos Fuels Fear Of Retail Recession
The post GOP Chaos Fuels Fear Of Retail Recession appeared on BitcoinEthereumNews.com. A sign that says “Political Chaos.” getty America is waiting for the people’s house of the U.S. Congress to move forward. Unfortunately, GOP leadership remains in disarray, leaving them unable to govern while electing a speaker. This is happening as many retailers – who follow this dysfunction closely – have concerns for pending legislation that affects their respective business. Those in the industry will note that they have a better chance of being successful with Republicans pushing retail/trade legislation versus Democrats – as they now watch Washington grinding to a halt – with the second hand of the time clock rapidly ticking away. While none of the current Washington dysfunction is remotely humorous, one might consult the comic strip Peanuts for guidance about legislative love that was given by the retail industry, but not returned by Congress. Peanuts creator Charles Schultz once said: “There is something funny about unrequited love – I suppose it’s because we can all identify with it.” Retailers spending time on Capitol Hill feel that their efforts are often unrequited. When they are new to the Hill, retailers quickly learn the difference between industry-related dialogue with a Republican Member of Congress versus discussing the same issue to a Democratic Member. Right now, there are many retail trade issues stalled, and there are other serious industry matters that have been continually slow walked under previous Democratic leadership. The good news was that when House Republicans recently came to power, there were immediate signs of legislative progress, and pending matters showed distinctive movement. However, with current Republican leadership in complete chaos, there is fear that the sun will (once again) set on much needed legislation. One thing is crystal clear – time is short to keep the Government from shutting down, and retail matters also need to move…
The post GOP Chaos Fuels Fear Of Retail Recession appeared on BitcoinEthereumNews.com.
A sign that says “Political Chaos.” getty America is waiting for the people’s house of the U.S. Congress to move forward. Unfortunately, GOP leadership remains in disarray, leaving them unable to govern while electing a speaker. This is happening as many retailers – who follow this dysfunction closely – have concerns for pending legislation that affects their respective business. Those in the industry will note that they have a better chance of being successful with Republicans pushing retail/trade legislation versus Democrats – as they now watch Washington grinding to a halt – with the second hand of the time clock rapidly ticking away. While none of the current Washington dysfunction is remotely humorous, one might consult the comic strip Peanuts for guidance about legislative love that was given by the retail industry, but not returned by Congress. Peanuts creator Charles Schultz once said: “There is something funny about unrequited love – I suppose it’s because we can all identify with it.” Retailers spending time on Capitol Hill feel that their efforts are often unrequited. When they are new to the Hill, retailers quickly learn the difference between industry-related dialogue with a Republican Member of Congress versus discussing the same issue to a Democratic Member. Right now, there are many retail trade issues stalled, and there are other serious industry matters that have been continually slow walked under previous Democratic leadership. The good news was that when House Republicans recently came to power, there were immediate signs of legislative progress, and pending matters showed distinctive movement. However, with current Republican leadership in complete chaos, there is fear that the sun will (once again) set on much needed legislation. One thing is crystal clear – time is short to keep the Government from shutting down, and retail matters also need to move…
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