Their research (available at policyuncertainty.com) shows that, on average, U.S. economic policy uncertainty has been 50% higher in the past two years than it has been since 1985.

WSJ: Bill McNabb: Uncertainty Is the Enemy of Recovery

While the average consumer does indeed have myriad questions about this topic, uncertainty is heightened among those using No Pre-Set Spending Limit (NPSL) credit cards.

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This has created a global system that is deeply distorted, where those holding financial assets like stocks and bonds have been rewarded, but where the average American, for example, lives in a world of labor uncertainty and recession-level unemployment rates.

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Given the frequency with which college coaches are courted by the NFL, the ultra competitive recruiting landscape, the higher-than-average academic standards relative to other Division I schools, and the inherent uncertainty of knowing how 18-22 year old kids will perform under pressure, there are no guarantees for prolonged success.

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Without this uncertainty tax, real U.S. GDP could have grown an average 3% per year since 2011, instead of the recorded 2% average in fiscal years 2011-12.

WSJ: Bill McNabb: Uncertainty Is the Enemy of Recovery