A Longer List of Employment-Reducing Public Policies

The list of employment-reducing public policies grows yet again:

• Mandating the employers with large payrolls provide health insurance, but that employers with small payrolls do not,

• Minimum wage hike

• Means-tested mortgage modification (presenting millions of workers with implicit tax rates in excess of 100% (sic)),

• Means-tested new home buyer credit,

• Means-tested student loan modification,

• Unemployment insurance extensions,

• State income tax hikes,

• IRS means-tested enforcement of prior tax debts,

• Planning for new-hiring-tax-credits,

• Marginal federal tax rate hikes on the "rich"!

Comments

[Leftfield:]

Right now we fear the government. They are vastly overgrown in cost and reach into every facet of life in our country at all levels. What is new is that their insanity has redoubled manically during such a time of stress. While they can't be nice enough to Wall St., many of whose "innovations" should now be prosecuted, they are killing Main St.
It almost seems deliberate! They want us to be in a state of helpless servility. It is beyond comprehension otherwise. Our bloated, completely out-of-bounds government will not cease to threaten our lives, our livlihoods and our descendants with bondage and debt slavery until they fear us like we now fear them.

Oct 15 06:31 AM

[Danny Newton:]

Cap and Trade
Energy Projects with a low Rate of Return
Failure to approve additional refining and oil exploration
I would also nominate any government debt increase. The reason is that incurring the debt employs practically no one except maybe a grant writer. You do have to have employed people to pay it off but not to increase the debt.

Oct 16 11:05 AM