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Pundits and politicos promote a magical myth: a coming small business hiring boom. That fantasy is completely disconnected from the harsh realities of private enterprise.
Small business understands uncertainty is now permanent. That’s why 26% of all new private-sector hires are temporary–and if we subtract the bogus phantom jobs created by the BLS “birth-death model,” then the number is probably more like a third or even half.
Originally posted by silent thunder
Maybe the only hope for the poor old USA on the job front really is a significant collapse of the dollar. This would make labor abroad less attractive costwise and also impede the US's ability to import stuff. A fallen dollar could potentially lead to a US manufacturing renaissance, which in turn could lead to tertiary-sector growth. The chaos from a dollar crash has the potential to really louse things up before that happy outcome is reached, however, and there is also the whole issue of energy and oil.
Originally posted by mr20121221
You don't need small business in a state run system. soon you won't even care!