I admit, I was not up on all the aspects of “The American Jobs Act” and what I did know, I heard it on TV.
But then I went over to Thousandaire’s blog and read this article: I’m A Criminal (well, I might be soon). Very quickly, I found myself nodding with agreement with what Kevin said!
In the article Kevin states that one of the elements in the American Jobs Act is that it will become illegal for a company to refuse to hire someone because a person is currently unemployed. Kevin then goes on to state that this would bring hiring to a halt! It may be one of the dumbest laws that I’ve heard yet! There are way to many bogus lawsuits in America already and this new proposal would greatly add to that number.
The average American labor pool (me and you) are expensive enough compared to the Asian labor pool, and now the government is going to threaten lawsuits on the hiring process in the United States??? Kevin is right, if I were an employer, you wouldn’t see a sign in my window stating that I was accepting job applications! Instead I would contract everything out or hire temps from a temp agency, including higher end jobs in engineering and other similar traditionally good paying jobs.
Honestly, if I owned a company and realize that I had to hire someone and that I might have to deal with such potential lawsuit crap, I would be tempted to say screw it and start hiring overseas. Not only that, I would also be tempted to open plants and offices overseas too!
Lately, I’ve come to the conclusion that our government doesn’t really think things through very far. I think they make shallow decisions and blame the consequence of those decisions on business or other factors. For instance, I haven’t heard any politician fess up that sub-prime loans were partially their fault too. Instead they paint a picture that it’s all those nasty evil banks! Like Lehman, I’m sure all the employees and the executives at Lehman’s are all enjoying their life now that they have gone out of business. I’m sure the destruction of the bank was all planned and they fully knew that their sub-prime lending activities would destroy the firm. And I’m sure Moody’s and S&P were in cahoots with them too (those evil risk rating agencies). Obviously, the government was in the right all along… (lol)
Yes folks, we need new smarter politicians! Ones that will create intelligent laws and focus on the real problems instead of just the symptoms of the problems.
Okay, now it’s time for me to get real. This initial form of the Jobs Act will not pass, and I’m sure even the White House knows this! Some of the proposal in this bill are so far out to the left that even the old regime communist are blushing. So while I had fun writing this article, it’s almost guaranteed that it won’t pass, at least without some major modifications.
Special thanks out the Kevin at thousandaire.com for doing such a great writeup! His article was both funny and informative!