Harper’s new EI reduction allows businesses to hoard more cash

What I think this ignores is that the money that business has been saving through lower corp tax rates has not been reinvested. Rather corps are sitting on 600 billion of cash. This newest favour to business will result in more hoarding and no more hiring than they already do. It’s a shell game.

see:

http://www.theglobeandmail.com/news/politics/conservatives-to-cut-ei-premiums-in-response-to-sluggish-job-market/article20525892/%3bjsessionid=xjk7JRjQyvXl9Hw2wyrnvtFhvQrNpDfPlnmQDN0q5hxrZhllNr9T!908406791/?ts=140911092427&ord=1#dashboard/follows/

Advertisements

About flexosaurus

I am an anthropologist and Associate Professor who loves to play guitar and comment on social injustice in whatever form it may take
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s