Carl's Jr CEO Explains Why Nobody Is Hiring Young People | Zero Hedge
Elementary economics from a man who actually hires people, as opposed to clueless academics and politicians:
"The bottom line on labor: Make something less expensive and businesses will use more of it. Make something more expensive and businesses will use less of it."
"The bottom line on labor: Make something less expensive and businesses will use more of it. Make something more expensive and businesses will use less of it."
Americans from 16 to mid-30s are really experiencing some substantial headwinds. But, as long as we keep doing the same thing over and over I'm sure we'll eventually have a different outcome...right?