Think congressional Republicans can reduce economic uncertainty? Don't be so sure.

Commentary about business and finance.
Nov. 3 2010 1:33 PM

The Uncertainty Mandate

Think congressional Republicans can reduce economic uncertainty? Don't be so sure.

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There is little evidence that Republicans, like Democrats, can do much at this point to ease uncertainty about the direction of the economy. Things are getting better, even if the pace is slow and tentative. A few months of bolstered job growth, above-trend business confidence, and higher-than-expected consumer spending reports would certainly help. But for now, be sure that uncertainty is here to stay—regardless of who controls Congress or the White House.

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