The View From 1776
Monday, August 09, 2010
Why Government Programs Stall Employment
A business owner’s perspective on costs and uncertainties introduced by Keynesian efforts to manage the economy and provide socialistic uniformity of welfare entitlements and penury.
The following op-ed piece appears in the Wall Street Journal online.
AUGUST 9, 2010
Why I’m Not Hiring
By MICHAEL P. FLEISCHER
When you add it all up, it costs $74,000 to put $44,000 in Sally’s pocket and to give her $12,000 in benefits.
With unemployment just under 10% and companies sitting on their cash, you would think that sooner or later job growth would take off. I think it’s going to be later