So you hate unemployment...

[jfkraus]

...then hire somebody!

[Warpy]

1. You've just hit on the classic mistake Republican administrations make

They always think they can talk private employers into handing out jobs like charity and that will fix the economy.

No employer has ever hired anybody unless he's had customers willing and able to buy the goods or services that job would provide.

When that happens, the government has to step in and provide infrastructure jobs to supply the customers. Once there are customers standing around with money to spend, the private sector finally steps up and starts hiring.

Until then, there will be no recovery. The only people who don't get it are the Republicans.

[area51]

7. +1 (n/t)

[Abq_Sarah]

2. Wow.. I didn't realize it was just that easy!

I guess I'll go out tomorrow and hire 3 million people to work in my business.

[AmandaRuth]

3. you got it

on one hand we got republican senators screaming that the unemployed just won't get off their asses and go get the jobs

and on the other hand, we got reports of mega corps sitting on mountains of cash

So, I think the republican senators should get on the phone to the big corps (who, no doubt are their biggest contributors) and tell them to start hiring.

but then again, since they want America and Obama to fail, they might think this would jeopardize the 'pubs in the next election.

[jtuck004]

4. I did. An administration, a congress, and a whole raft of local politicians.

Now if they would just do what needs to be done, we wouldn't be facing the near certain loss of $3,000,000,000 from the economy a month before Christmas 2010 when the unemployment extensions will finally dry up, the record of 1 million foreclosures with 2 million more notices already sent and projections that this will continue until 2013, or 30 million people unemployed or under-employed, a number that is quite likely to grow through next year.

Things they could do:

1. Start a WPA like program to employ 10 million people at, say, $12-$15/hr
2. Suspend the collection of payroll taxes for 1 year
3. Implement plans for a mag-lev train between each coast and 8 major cities
4. Create 10,000 R&D centers to work on technologies suitable for the 21st century
5. Fund the tuition for up to 5 million adults over 45 years of age in business, science, and technology
6. Take back the lead in solar technology and silicon that China is building with our dollars

Why in the hell would businesses invest in America country if our elected officials won't?

[notesdev]

5. The problem with hiring people

is that they tend to get annoyed if you can't actually pay them.

So private hiring can't be separated from the ability to make money, new hires need to help make new revenues in order to pay those hires.

Right now our tax code says that if you take a US unit of your company and relocate it outside the country, you don't need to pay US taxes on the profits of that unit.

It also says that if you take losses on a foreign unit you can claim it as a tax deduction here at home.


Think about it some and then ask yourself how ANY policy is going to create jobs here in the US under those rules.

With all this talk of "reform" this and "reform" that, why is this particular tax policy never on the table for negotiation?

[jfkraus]

6. It seems a bunch of them are sitting on $1.2 TRILLION!