Pretty good story this morning on NPR about the economic forces that play into decisions to lay off and hire employees, “Wary Employers Keep Jobless Numbers High.”
The reporter talks to Steve Schulte, president of Porta King, a modular building manufacturer in Missouri. Schulte describes the current situation as “hand to mouth,” with the possibility of orders rising and then falling week to week. He also worries about the impact of health care and climate change legislation on the economy.
Tom Duesterberg of the Manufacturers Alliance/MAPI observes, “This recession was so severe, so broad, so long, that it’s going to take us longer to come back than other recessions we’ve seen.”
In related commentary, Irwin Stelzer writes at The Examiner, “Congress may stifle recovery before it grows.”
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