Now that it appears that the $787 billion stimulus has failed, the President is finally turning to tax cuts. However, our chief central planner is still touting ideas like Cap and Trade, which on top of health care reform and the Bush tax cut expiration, are scaring business leaders from creating jobs. Don’t believe me? Ask yourself how much hiring you would do if you can’t calculate your tax expenses, health care benefits, or understand how Cap and Trade impacts your business.
In the videos below, the discussion starts with a good topic of why businesses are not creating jobs despite record profit. Robert Reich wants to blame globalization.