Academic

WHY ISN?T AMERICA HIRING? ?America isn?t hiring precisely because of government policy. Small busin?

By Glenn Reynolds

WHY ISN’T AMERICA HIRING? “America isn’t hiring precisely because of government policy. Small business owners, who are usually the first into and the first out of the job pool, are standing by the fence and watching. They are paralyzed by regulatory uncertainty. If they hire someone who ends up doing poorly, will they be able to fire that person? Will they have to pay their health care bills after they’ve been terminated? If so, for how long? Who will pay for all these stimulus checks? If it will turn out to be small business, why would they hire instead of keeping costs low to prepare for the big tax bill? Where will the market move? Are you in the right business or are your clients in a politically disfavored industry? . . . Jobs aren’t languishing despite the government’s best efforts. They’re languishing because of them.” Read the whole thing.

Employment numbers certainly aren’t living up to Obama’s “stimulus” promises.

Full post as published by Instapundit.com on July 02, 2009 (boomark / email).