Obama's Jobs Bill would be GOOD for the Economy - Which is Why the GOP Objects to it

Only the government-enforced benefits. Those are immoral and economically inefficient.

 

It's not that the cost of hiring workers is too high -- it's that the businesses don't have enough money, because there's too much disparity between the cost of living and the amount of money in the system. If people have money, they'll spend money. Businesses will spend money hiring people (and other business improvements) and workers will spend money in those businesses. But right now, nobody has any money to spend in those businesses after paying for the cost of living.

So in a sense what you're saying is true, but it's too small a piece of the puzzle to be useful, and I think would actually be detrimental in light of the whole picture. By reducing the cost of labor, you're reducing the amount of money that labor has to spend, which is where the businesses get the money to hire workers in the first place.

 

Keep telling yourself that.

 

I highly disagree. Obviously.

Business is always personal, being done by persons.

 

Well ... where am I wrong?

 

Why?

(character minimum)

 

Because it is an infringement on private property rights.

 

Sure if you want to believe the spend your way to prosperity premise. This can only be the case if you believe we aren't doing enough spending and if we do more of it everything will be slightly okay.

Since then we've had TARP and Stimulus 1.0. Between the time period of 2008 and Nov 2009 unemployment went from 6.8 to 10.2. This is the main reason why they passed Jobs Bill 2009 in a month later.

Since then we've only had one other Jobs Bill and the Stimulus and according to the CBO unemployment will be at 9 percent through 2012 so we just need to pass about 3 more of those Jobs Bills in order to get our economy back to 8 percent. This will add about 1.5 Trillion to the national debt outside the the actual federal budget.

 

The business don't have enough money because the cost of hiring workers is too high. They spend all of their capital and resources having to comply with labor laws, rules and regulations. When the time is done of course they do not have enough profits to hire anyone.

Why are people spending less money?

Reducing labor cost has nothing to do with the amount of money one makes in the business. Profits are not taken out of anything. Profits are left over if there are any profits at all. What I am merely suggesting is eliminating the type of rules and regulations which makes running a business more expensive.

Having businesses negotiate their wages and benefits with their workers. If you mandate this then there would be less jobs to go around. It would be nice to become like France but...Then again, never mind.