Why Jobs Aren't Being Created

Discussion in 'Politics' started by The Rabbi, Aug 9, 2010.

  1. The Rabbi
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    The Rabbi Diamond Member

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    I saw this this AM in the WSJ. You may not be able to access the whole thing but search for it as it is available. It is all anyone needs to know in a nutshell: The cost of hiring employees far outweighs any expected benefit their employment might confer. That is all anyone needs to know. That and the fact that this situation is the creation of Team Obama with help from other and past pols.
    Michael P. Fleischer: Why I'm Not Hiring - WSJ.com
     
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  2. topspin
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    topspin BANNED

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    Please get some republicans with a pulse, I want my gridlock back.
     
  3. blastoff
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    blastoff Undocumented Reg. User

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    It's a very interesting article and IMO should be required reading for everyone in D.C. - regardless of party affiliation - as I firmly believe very few in congress or others who influence legislation have a clue how the results impact businesses and their workers.

    In the linked example it costs a guy's business $74K to employ someone whose gross pay is $59K. And the $59K nets out at only $44K after taxes, withholdings, and whatnot.

    If you haven't clicked the link you should.
     
  4. Claudette
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    Claudette Gold Member

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    Very interesting indeed.

    Like you K I don't think the Clowns in DC have a clue how what they do affects business.

    Business is in business to make money. If the overhead is to high and they aren't making money they will not be hiring or expanding the business. Common sense. Oh wait, I forgot, ain't any of that in DC. Jeeze.
     
  5. rdean
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    rdean rddean

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    These are the fruits of Republican policies finally coming home to roost.

    When disastrous policies are put in place, it takes three or four years for them to show up in an economy as big as the US economy. It's called "momentum".
     
  6. loosecannon
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    loosecannon Senior Member

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    the solution is obviously to reduce wages and benefits as necessary......

    reaching toward parity with wages in Mexico, China and India
     
  7. zzzz
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    zzzz Just a regular American

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    That is why the temporary job services are exploding all over the country. A company can hire employees and employ them for years as temps and not pay unemployment taxes, health benefits, low wages and fire them without cause. Yes, some may need to be trained but as the manpower pool continues to stagnate trained employees will become more and more available. This is the future of the American workforce.
     
  8. uscitizen
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    uscitizen Senior Member

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    Like the EX CEO of HP?
     
  9. saveliberty
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    saveliberty Diamond Member

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    I think many businesses have been pleasantly surprised at the productivity they have achieved with fewer employees. No rush to add at this point. We have a new hire that works two hours in the morning five days a week changing oil. He replaces a perosn who was here all day. Losign a parts person next month and will most likely just replace with a half time person. Some how I don't think we are that unusual.
     
  10. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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