I have an idea on resolving the labor maket woes.

[wetbandit2003]

Fellow D.U.ers,

I have an Idea that might help keep those greedy coorperate suits
from laying off and or not hiring more work. You have to speak their
own language, the language of "$". Give them a tax incentive to hire more labor during the tax year. But...give it a catch, If they lay off
the workers after they recieve their check, They must submit, in full, and signed by the CFO, under penalty of pergury, a statement of cash flows, a balance sheet, and income statement for the prior tax year and for the current tax year to prove that keeping the curent levels of labor would be detrimental to the financial well-being of the firm, not suit's perks or benifits. Otherwise, tax them more relative to the amount of profit the company earns from laying off labor. The CEO's annual salary needs to be dictated by how much effort he puts forth in increasing cooperate sales product quality/customer satisfaction and shareholder's equity. He does not need to be spending his time out on the golf course or flying around on his Cessna Citation jet all the time, junketing the companie's earnings.
If they do lay off workers when there is no financial crisis, then the SEC should not allow perks and bonuses to be given to the suits,
and the CEO's salary should be cut by a percentage relative to the amount of money earned by laying off the workers in non crisis financial conditions. That should strike a chord with those greedy
profiteers.

[Wickerman]

1. detrimental to the financial well-being of the firm

Add and not just affecting shareholder's short-term returns and I am with you all the way. Nice analysis.

[wetbandit2003]

2. Ahh yes ..

That I forgot..........
Good point!!!!thanks

:hi:

[mhr]

3. Great Idea WetBandit, However

Who writes the laws that would make this change possible?

Our politicians.

Who pays for the campaigns of our politicians?

Corporations.

Who has an interest in keeping the status quo?

Everyone except little people like you and me.

The solution?

A return to citizen participation in democracy.

Is this possible?

No.

Why?

Who controls the minds of the citizens?

Large media.

Who owns large media?

Large corporations.

Who has an interest in keeping the status quo?

Everyone except little people like you and me.

So, is there no solution?

You got it, now go dig your grave!

[wetbandit2003]

4. HMMM

Interesting viewpoint.
You are right in that aspect, But
we can hire and fire elected officials
at the polls, and boycott media sources
to cut off their revenues and viewer ratings.
You do have a good point though.
thanks for the input!
:HI:

[sirshack]

5. The way around this...

...would be to just not accept the tax benefit...and frankly, I think a lot of businesses would find it more cost-effective to hire and fire at will rather than file even more paperwork with the government every time they do so.

Additionally, I suspect some would find this biased against smaller businesses who might simply not have the need or the finances to hire more workers simply for a tax incentive. Larger companies, if the incentive was attractive enough, could probably find a way to fill a few desks and claim the tax break. Smaller companies would have no such luxury. How is that any different then giving tax breaks to the wealthy at the expense of the poor?

[camero]

6. A better idea

A 10% surcharge tax on all multinational corporations. The only way to beat the tax is to send jobs back to the US.