Word: maying
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...thing the government may be best at doing job creation-wise is sticking to the thing it is in more of a position to control: long-term strategy. With major legislation taking shape on a range of issues, from health care to climate change, it is not at all clear what the business landscape will look like in the coming months and years. "There's a lot of evidence that suggests uncertainty right now is enormous," says John Haltiwanger, a professor of economics at the University of Maryland. "If some of these things were resolved, businesses might be able...
...That may sound promising, but the truth is, drumming up new jobs on short notice isn't exactly in the government's wheelhouse. In the long term, what the government does and doesn't do is incredibly important to the health of the labor market. Trade policy, corporate tax rates, the structure of health care - these things all have a real impact on economic growth. But Washington's tool kit doesn't work nearly as well in the short run. Right now companies aren't hiring for a very specific reason: there's not as much demand for their products...
...number of steps in this realm, largely through the Small Business Administration. The issue with increasing access to credit, though, is that easy money was one of the main reasons we wound up on the brink of economic calamity in the first place. Taken as a group, new businesses may be job creators, but any sort of average masks the fact that many young companies completely combust. Lending to them is risky, and while it may be desirable to lend more in an attempt to create jobs, there is a flip side to the coin. There is a reason banks...
...Marty Nemko, a career and education expert who has taught at U.C. Berkeley's Graduate School of Education, contends that the overflow in degree holders is the result of many weaker students attending colleges when other options may have served them better. "There is tremendous pressure to push kids through," he says, adding that as a result, too many students who aren't skilled become degree holders, promoting a perception among employers that higher education doesn't work. "That piece of paper no longer means very much, and employers know that," says Nemko. "Everybody...
...lowering housing prices for families with children and other related goals - like helping singles date and mate - are all items on the government's to-do list to try to boost the number of babies being born in Taiwan's delivery rooms. But underlying factors behind the low birthrate may be beyond the grasp of government policy. When asked if she wanted to have children, happily married broadcast journalist Huang Shih-han replied, "I like reading and, well, you can't read if there are children wailing." Why does she think Taiwan's birthrate is so low? "I think...