‘Uncertainty’ Isn’t the Real Reason They’re Not Hiring
(LA Times) — Over the last few economically stagnant months, a new explanation has emerged for why businesses are reluctant to hire more workers and otherwise gear up for recovery. The reason, you see, is “uncertainty.” The idea seems to be that Washington’s will-they-or-won’t-they dithering over extending the Bush tax cuts, the advent of healthcare reform, financial reform, etc., etc., etc., has unsettled the business landscape so horribly that decision makers are huddled under duvets, gnawing their knuckles in fear and bewilderment.
