- Sep 21, 2012
- Reaction score
- Sin City
Hoover Institution by by Richard A. Epstein
I guess you could call this a biased, right-wing site but the logic and FACTS sure seem to make a lot of sense. Especially this:The latest government labor report indicates that job growth has slowed once again. It is now at a three-year low, with only an estimated 74,000 new jobs added this past month. To be sure, the nominal unemployment rate dropped to 6.7 percent, but as experts on both the left and the right have noted, the only reason for this improvement is the decline of labor force participation, which is at the lowest level since 1978, with little prospect of any short-term improvement.
Read the piece @ How Democrats Kill Jobs | Hoover Institution before you rant!Labor markets are no different from other markets. They work because they create win/win relationships. In contrast, the governments regulatory efforts to create win/lose relations will not work. What those efforts will get are the lose/lose scenarios that have been the bitter fruit of recent labor market regulations