Federal government should tackle deficit to boost confidence

Uncertainty.

University of Colorado economist Richard Wobbekind used that word often in a recent press release detailing sentiments of Colorado business leaders about the national economy.

Wobbekind was referring to the Leeds Business Confidence Index, prepared through CU’s Leeds School of Business. The Leeds survey found that, while Colorado business leaders are somewhat optimistic about their own companies’ profitability — as well as hiring prospects and capital expenditures — they are much less confident about the national economy.

“The overall economy has been damaged by uncertainty — the uncertainty of consumers about the strength of the recovery and the strength of the job…