posted on Nov, 9 2012 @ 02:15 PM
reply to post by shaneslaughta
That retirement age idea is a good one, thanks for bringing it up. I think the people who drew up the data were thinking along the same lines when
they decided not to consider people over age 65 as part of the population. They're only looking at working age people, so I don't think the boomers
are a big factor in this data.
If companies are not hiring in order to have a better bottom line, then you must be saying it makes more financial sense for companies not to expand.
What kind of economy have we created where it makes more sense not to grow?
Look at it this way. Say an employee costs $100,000 a year, benefits and all. If he can add $100,001 to the companies profits, he gets hired. If
$99,999, he doesn't. What's causing cost to go up, or make owners believe they will go up? Health care mandates, for one. What's causing profits
to go down? Regulations and taxes, among other things. In a situation like that it doesn't make sense to hire someone who will cost you more than
you make from him. Hirings, reasonably, go down.
Can you blame it on greedy businessmen? I can't see that, because this is a pretty sharp and sustained dip. Are we saying they got greedy all of a
sudden? Or that they're becoming more and more greedy over the last five years than in the past? No, that doesn't sound right.
I'm not sure that this chart is caused by an aging population or stingy employers, but if I misunderstood you, please correct me.