Posted:
#26
Quote Originally Posted by 14daroad:
Actually, it has everything to do with the government and the people running these companies say so over & over.
Haha..
Well since the business CEO's are looking at someone to blame it must be true.
Go interview a CEO and ask them if their company hires based off cash levels or off business need.
There are probably 10% of companies that hire because they have excess cash, while 100% will hire based on demand need. The 10% that hire based on cash are always those who are R&D companies that STILL hire R&D irregardless of cash levels but will risk that marginal hiring if they have more cash..and that is not because of excess cash, rather R&D develops pipelines for future supply and pricing for product. So the hiring decision still revolves around demand.
So actually it has nothing to do with government..any CEO whining because of government regulation or the IRS rules will still not hire if demand does not exist for their products/services.
Listening to CEO's talking their book is humorous, I guess that goes to show that some people lack the understanding of hiring what determines hiring needs.
A CEO would lose their job if they didnt talk their book and complain about the unfairness of government regulation..the less the regulation the higher the profits, the higher the barriers between the consumer and the business as to disclosure. Of COURSE any CEO would rather have zero regulation, zero competition and unlimited price control.
"If the government weren't so mean we would hire more"
0
Hot Forum Topics
