Saturday, July 9, 2011

Up and Down Wall Street - Barrons.com

SAFEGUARDING EMPLOYEES BUT NOT EMPLOYMENT: Up and Down Wall Street - Barrons.com


With respect to jobs and employment, what struck me last week were all the talking-head discussions of employees suing their employer over this and that.

Somehow, this doesn't strike me as the stuff to encourage employers to hire Americans!

And then, this Saturday morning on Bloomberg radio, there was a discussion of the risks employers face from what employees might be posting on social network sites.

Again, from a liberal perspective, the idea of defending employee rights trumps anything else - so, we I guess we should add 'job creation' to those things that don't matter (because they don't make the connection between the needs of the employer / investor and the desire to hire - ah well, Keynesians - aren't they grand).

Maybe some new laws to make it safer (i.e. less subject to lawsuits) when hiring Americans are what is called for.

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