Carl's Jr CEO Explains Why Nobody Is Hiring Young People | Zero Hedge

Posted by straightlinelogic 11 years, 8 months ago to Economics
3 comments | Share | Flag

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."
SOURCE URL: http://www.zerohedge.com/news/2014-06-10/carls-jr-ceo-explains-why-nobody-hiring-young-people


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by Abaco 11 years, 8 months ago
    I say it all the time. The monetary side is pumping roids into the economy while the fiscal/regulatory side is choking it to death.

    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?
    Reply | Mark as read | Best of... | Permalink  
  • Posted by richrobinson 11 years, 8 months ago
    He makes good points. The other thing I have noticed is that businesses hate uncertainty. Obama keeps moving the ball on implementing Obamacare. It is also clear that he wants to continue increasing The Federal Governments role in how business operates. It's hard to adjust if you don't know what is coming next.
    Reply | Mark as read | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo