Unformatted text preview: with which to hire workers. There is a lot of capital incentive right now to modernize manufacturing. Replacing workers with technology is the inevitable result. Our Congress has tried to implement poorly written and poorly implemented tax incentives for companies to hire more workers. Companies that are beholden to stakeholders (of which employees are far down on the food chain) are going to make decisions that reflect this environment. This happened one other time, after the recession of 1982. Works Cited Rampell, C. (2011, 06 09). New York Times Business Day . Retrieved from The New York Times: http://www.nytimes.com/2011/06/10/business/10capital.html?_r=1...
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This note was uploaded on 03/25/2012 for the course ECO 202 taught by Professor Rondeau during the Spring '11 term at Post.
- Spring '11