Saturday, January 16, 2010

Will We Ever Recoup Recession-Lost Jobs?

It will take many years for lost jobs to come back. In fact, many may never be available again. Our only solution will be to produce new jobs.

Small business, which accounts for more than half our work force, is a solution to the employment question. Unfortunately, most bureaucrats and influential politicians, especially in Washington, are not attuned to their interests. The heavy lobbying and influence comes from big business and labor unions.

You can be sure: Ever-higher minimum wages, higher taxes and higher insurance costs are the poison that will guarantee that small business will not be able to fulfill its conventional role of creating new jobs.

Therefore, all you get from Washington is political talk.

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