https://hotair.com/headlines/archives/2013/02/18/why-job-creation-is-so-hard/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usWed, 10 Jun 2026 06:11:33 -0400<![CDATA[As I’ve written before, this psychological shift stemmed from the fact that the financial crisis and Great Recession were largely unpredicted. Americans aren’t just deleveraging. They’re also building wealth to protect themselves against unknown dangers. Perhaps the stock market’s recent assault on record highs signals restored confidence, but remember: The market is simply regaining levels of late 2007. A report from Credit Suisse argues that returns to stocks will average about 3.5 percent annually (after inflation) in the next 20 years, down sharply from 6 percent since 1950. To compensate for lower returns, companies would need to contribute more to pensions. Wages would suffer. Consumption spending would weaken.]]>Mon, 18 Feb 2013 16:20:42 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/02/18/why-job-creation-is-so-hard-n281013