Politics
A Housing Fix or a Jobs Fix? Chicken or Egg?
Politics
The House Judiciary antitrust investigation holds big techs’ feet to the fire
(POLITICS) CEOs of Alphabet, Facebook, Apple, and Amazon set to testify in House Judiciary Committee antitrust investigation hearing today.
Politics
Additional unemployment benefits outside of the CARES Act
(POLITICS) Unemployment is at an all time high in the United States and individuals need to be aware of reapplying for additional benefits.
Politics
How will pausing the reopening of states impact the recovery of the economy?
(POLITICS) The resurgence of COVID-19 has left Americans with a lot of questions about our nation’s economic future. That ambiguity is seemingly a feature, not a bug.
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ross therrien
January 31, 2010 at 10:28 am
Great article and makes perfect sense. Too bad so many repubs, in my area just don’t get it.
Greg Cooper
January 31, 2010 at 11:01 am
Ken…..I think recoveries must see job stabilization and growth for housing to stabilize. What are your feelings about specific tax incentives for small businesses as they hire new employees?
Ken Montville
January 31, 2010 at 11:10 am
Hey, Greg … . It depends on how the incentives are used. If they’re just used to offset the cost of compensation they probably won’t work for very long. If it helps to create incentives for employee health care benefits, it’ll be a big plus. Of course, younger employees probably don’t care that much about health care since they’re invulnerable and employers prefer younger workers because they work for less.
How about tax incentives for American made products/services which would have a far reaching employment effect? Fat chance.
Dean Ouellette
February 1, 2010 at 8:43 am
We need to become a mobile society again. I think we need to fix the housing market to fix the job market. We need to make it easier for people to be mobile again, to make it so they can pick up and travel to the new job if they need to. Now it is difficult because we do not have a mobile workforce who can quickly sell their home and just up and leave for a new job.
Ken Montville
February 1, 2010 at 9:32 am
Interesting concept, Dean. I’m wondering what that might do for things like stable neighborhoods, schools and the like. I’m also thinking that for people with a traditional FHA or VA mortgage there isn’t really enough equity based on traditional amortization schedules to be able to sell and “break even” after a short period of ownership. We were a highly mobile society once, though.