Who is asked for the cause of high unemployment? Politicians, economists, academics, and pundits. NONE of whom have ever created a payroll and NONE of whom have ever sweated out PAYING that payroll.
When did you last see the shop owner, the store owner, the plant owner, “anyone” owner, interviewed on the subject of hiring some new people?
Yet with each new hire, the target on the back of the “evil employer” grows in size.
To make matters worse, unemployment “goodies” are raised and raised to the point that those who make their living being unemployed will not accept work because “it is not worth going to work for such a small amount over what I am getting in benefits”. I’ve heard that, too!!
It is simple to avoid being an “evil employer”. Just don’t employ anyone above today’s level.
What is ‘today’s level’?
When Obama was elected I had 24 employees. Things were slow because of the spike in oil prices from the previous summer. But when Obama was elected, I knew where this would end up. We decided the number would be 20. So, 5 people left. (3 retirement, 2 work as contract employees, only coming in to collect paperwork and process it at their homes.)
So now today, FinReg is getting signed and I hear there is a provision that calls for businesses with 10 employees will be required to offer retirement plans. Of course, it ‘won’t cost employers anything’ because it will be offered through the payroll service’. Yeah, right.
Having employees will become unprofitable. Of course that’s they want. However, no profits, no business.