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^Hit the YTD. It shot down after Brown's election but it's climbing up again.
I've been saying all along when industries see the gradual, consistent growth along with an increase in demand at the end of the 2nd quarter, they'll start hiring again. My prediction is employment continues to rise every month starting in August (after 2nd quarter, 1 month into the 3rd)
This scheme is so stupid, a 5 year old can see through it. Have you seen that bank commercial where the kid is asked if she wants a pony, then gets a plush animal, then the next girl says yes to the pony and gets a real one? It is like that.
If you are business owner, and you have to choices A) Hire a person full time even at minimum wage, plus employment taxes, insurance and other benefits and get a 5K "credit" from the US Government, or B), don't hire and save the 30-40K and forego the 5K credit, which would you choose?
Remember, it is a 5K tax BREAK, there is no check in the mail. The US Government will find some other way to get not only their 5K back, but more.
Businesses hire when they need to hire, when consumer spending creates the DEMAND for new hires.
Exactly! Business leaders said they will not hire until consumers start consuming again. The key to recovery is freeing up more discretionary income for the consumer.
The proposed tax credits are nothing more than a Red Herring.
This scheme is so stupid, a 5 year old can see through it. Have you seen that bank commercial where the kid is asked if she wants a pony, then gets a plush animal, then the next girl says yes to the pony and gets a real one? It is like that.
If you are business owner, and you have to choices A) Hire a person full time even at minimum wage, plus employment taxes, insurance and other benefits and get a 5K "credit" from the US Government, or B), don't hire and save the 30-40K and forego the 5K credit, which would you choose?
Remember, it is a 5K tax BREAK, there is no check in the mail. The US Government will find some other way to get not only their 5K back, but more.
It's all for show, don't buy it.
If demand is truly increasing like the DJIA and GDP say they will, they'll have no choice but to hire.
You're right. Business will hire if there's a demand for their product. But I don't see it. Look at retail and housing numbers....they're terrible.
Housing numbers are bad but retail numbers have steadily gotten better. It's a chain process of consumption, demand, jobs, money then superlatives like housing will follow. Give it time.
Housing numbers are bad but retail numbers have steadily gotten better. It's a chain process of consumption, demand, jobs, money then superlatives like housing will follow. Give it time.
I am a retailer so I watch the numbers fairly closely. I know it takes time.
Exactly! Business leaders said they will not hire until consumers start consuming again. The key to recovery is freeing up more discretionary income for the consumer.
The proposed tax credits are nothing more than a Red Herring.
And how do you effectively free up more discretionary income for the consumer?
Not by taxing them, not by taking money OUT of the private sector so the government can spend it. Jobs are the key to a confident consumer who spends.
Another key; ditch the radical legislative agenda of obama.
Consumers WILL NOT start spending if they don't have jobs or are afraid of losing the job they do have. They will not start spending again if they see tax hikes (in obama's budget) coming at them or if they watch while the government continues to increase the debt/deficits through the expansion of government into the private sector.
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Duh...
