Seriously, I think that falls into the category of problems that most people would love to have. At this point, the majority of the folks who are unemployed are having trouble finding *anything*, so a job that might only last a year or two is still a big improvement.
And the whole point of the exercise, like I said, is feedback loops. If this drives unemployment down to a more-reasonable 7%, that makes business a lot less nervous, which means that a lot of them are going to keep more employees on. And the gradual sunsetting is designed to encourage that: there isn't a *sudden* increase in the cost of those employees, so there isn't a clear "okay, time to lay you all off". Boiling the frog can be used for virtuous purposes, if done right...
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Date: 2010-10-16 01:39 am (UTC)And the whole point of the exercise, like I said, is feedback loops. If this drives unemployment down to a more-reasonable 7%, that makes business a lot less nervous, which means that a lot of them are going to keep more employees on. And the gradual sunsetting is designed to encourage that: there isn't a *sudden* increase in the cost of those employees, so there isn't a clear "okay, time to lay you all off". Boiling the frog can be used for virtuous purposes, if done right...