Thursday, January 26, 2012

THE ECONOMIC REGRESSION LINE: Million-Dollar Earners Would Work Hard to Avoid Obama Tax Hikes - Barrons.com

Million-Dollar Earners Would Work Hard to Avoid Obama Tax Hikes - Barrons.com

In European countries with union-centric labor laws, it is hard for a small business to hire and expand.

Job protections and social benefits are wonderful until there aren't any jobs.

As mentioned by many interviewees on Bloomberg from Davos, the threat of insurrection by the disenfranchised grows at the union job franchises retard job growth.

One also should heed the old regression line whereby if a country is above-it, then it has to be smarter. Obama's suggested approach assumes there is no country or economy below the regression line.

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