As Labor Day quickly approaches, U.S. politicians will be
rapidly returning to Washington, D.C., including our illustrious
commander-in-chief, who has somehow forgotten that he was once awarded the
Nobel Peace Prize, not the Nobel War Prize.
Indeed, if attention can be diverted from the Middle East, Russia, the NSA, Snowden, budget deficits, and debt ceilings, perhaps a few thoughts can be directed toward a thing called jobs.
During this most recent Congressional summer recess, I heard a few of our so-called political leaders talking about how we’ve “turned the corner” as they professed that the job market is definitely improving. Now hear this, now hear this, I have a very special announcement: Believe it or not, I actually agree with our political leaders! Shocking, isn’t it? Well, I concur as far as the math is concerned. Okay, since we’re only ranked 24th in the world in mathematical comprehension, I will attempt to explain the arithmetic.
We could very well be on the threshold of a nationwide hiring explosion — from Bangor, Maine to Sausalito, California and all parts in between — which will be greatly trumpeted by both the president and the mainstream media. Here’s how it’ll work.
Small businesses are in a quandary. Starting on January 1st of 2014, Obamacare will slice into the already thin margins of small companies. Working smartly, not only have small businesses already reduced their staffs, they’ve also taken product shrinkage to a new art form by decreasing the amount of product and increasing the volume of air (just visualize a bag of potato chips.) Moreover, asking for more butter in a restaurant or requesting a pillow on an airplane will cost a few dollars more, just to help keep the margins intact. In other words, everything that companies could possibly do, has, in fact, already been done.
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