A colleague and I agreed the other day that if we could banish one word from the economic lexicon, it would be "uncertainty."
Why? Because uncertainty has become the overused excuse for anything you don't want to do or are unhappy with. Scared to invest? Blame uncertainty. Low returns? Uncertainty. Businesses aren't hiring? It's due to uncertainty. High deficits? Uncertainty. Upset stomach? Must be that darn uncertainty.
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