Powered by Blogger.

Smaller Government = Fewer Jobs

Wednesday, 13 July 2011

It has taken about half a year for bankrupt conservative economic policies to reaffirm themselves. Conservatives took control of Congress and several state and local governments following last fall's elections. Since then, the employment situation in the United States has changed from showing signs of improvement (unemployment receded to a recent low of 8.8% in March) to showing signs of serious weakness (unemployment increased to 9.2% last week). The cause of the recent decline is simple: government downsizing eliminates jobs and tax breaks for businesses and wealthy individuals do not replace lost government jobs.
Share this article on :

No comments:

Post a Comment

 
© Copyright 2010-2011 International News All Rights Reserved.
Template Design by Herdiansyah Hamzah | Published by Borneo Templates | Powered by Blogger.com.