Posted 10 years ago on Jan. 8, 2012, 8:16 a.m. EST by bensdad
This content is user submitted and not an official statement
I don't understand why business is saying, "we can't hire because we are uncertain of the future".
Lets say I have a accounting company and I have 10 employees and I net $15,000 per year per person.
My people are busy but I have new customers who want my company to provide workers for them. Exactly why would I not hire, say, two extra accountants to satisfy the additional demand? WHERE DOES UNCERTANTY MAKE ME RELUCTANT TO HIRE TWO MORE MEN AND EARN AN EXTRA $30,000?
Lets say a new law that comes on line that requires me to add a pension benefit that costs me more than I can afford - I can always fire these extra workers.
I think the "uncertanty" argument is BS that came to the fore when it became well known that American companies are sitting on $2,.000,000,000,000 and don't want to hire.
My belief is that they dont hire because thery dont have DEMAND.
And demand means spending
And spending means putting more money in the hands of the 99%.
Please explain - with specific numbers-