Monday, July 18, 2011
No Hiring Not about Govt
Well, it's official. Even the Wall Street Journal is arguing that the stagnant employment numbers have everything to do with a lack of consumer demand. Well, duh. Businesses hire when business expands and they need to produce more product and/or service. Period. It's, for the most part, that simple.
Yet, for the same twisted ideological reasons that influence most of their naivete about the economy, many "conservatives" argue that business are simply uncertain about government policies and taxes - so they are delaying hiring.
As if a business would turn down increased commerce and orders resulting from demand because they are worried about taxes going up. It's supply and demand, people. And demand impacts hiring. That's the way it works.