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  • Where’s the Demand for Demand

    These are the real reasons business aren’t hiring: because people are underwater and that no one knows who will not only be not hiring, but who might be going through another round of layoffs.

    It’s questionable how politicians are focused on lower taxes, regulation and government spending as a job creating entity: yes, but it’s merely peripheral – – taxes are not keeping anyone from hiring, never did — never will. It’s demand that is hurting the American economy.

    In the Wall Street Journal article, Boehner: Job Creators ‘Slammed by Uncertainty’, Angus Loten stated, “Amid efforts to spur job growth, the nation’s private-sector employers are being “slammed by uncertainty” around taxes, spending and regulations, House Speaker John Boehner said Thursday.”

    As I’ve written in a prior Upstart: Business and Management for 20-40 Year Old Professionals post — the demand needed to change, because Americans were over-leveraged with exorbitant credit debt, and needed to get back to levels that were within their means, even lower than their means, because they still have to pay off the debt still outstanding. These are the real reasons business aren’t hiring: because people are underwater and that no one knows who will not only be not hiring, but who might be going through another round of layoffs, makes it extremely hard for a business, especially a small one — to add headcount.

    So I hope we start the political posturing – – and start to address the demand issue, while there is still time. Hope that in this discussion we identify how American import/export policy, ambiguous tax policy, housing and rebuilding a nationally-focused manufacturing and service sector.

    Before we get the solution — we have to know the what the real problem is, and only then, will American be able to address it’s immediate and long-term issues i n ways that empower America’s middle-class, working-poor and destitute. It’s not only an economic issue: it’s a moral one.

    Good luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

    Filed Under: Management

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