Jobs are of primary importance because without full, or near full employment, our country will continue to digress in our efforts to compete in today’s world economy.
What factors inhibit or stimulate employment? Here are some questions to be considered:
1. How does high minimum wages aid in increasing the number of jobs?
2. Do unions increase the number of jobs?
3. How do excessive regulations aid in decreasing unemployment?
4. How does an increasing number of government employees contribute to a thriving private sector?
5. How do high taxes encourage existing businesses and future entrepreneurs?
If any of these questions are answered in the negative, maybe there should be some reconsideration and corrective action.
Another economic tool, that of government bailouts, is a debatable tactic. Maybe bailouts help in the short term? But how can the act of rewarding incompetence and inefficiency make our economy stronger? Whatever happened to bankruptcy?
Roy E. Brown
Marysville
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.