How was the wait and see approach supposed to drive a spike in unemployment? They're waiting not moving so jobs aren't moving yet. As for a decline in investm

How was the wait and see approach supposed to drive a spike in unemployment? They're waiting not moving so jobs aren't moving yet. As for a decline in investment we are seeing that and you'd expect the resulting decline in the economy to lag behind that. Unless you want to argue that the recent economic signs are positive?