When will the unemployment rate in the United States start improving?
The unemployment rate may not improve until politicians are forced to focus on understanding the facts of basic economics that are causing the loss of millions of jobs every year. I will keep this as brief and to the point as possible as it will serve only as a reminder of something you may already know. A fact that is basic to any and all economics students from the high school level on up the educational ladder to the very top. – That fact being: “It is absolutely impossible to tax, or charge fees or fines, to any business that provides a service or manufactures a product.” (a great big bold PERIOD) – Any junior cost accountant would be able to tell you that the price charged for any such products or services is the sum total of all costs involved in delivering a finished product to the end user. You and I as consumers pay all such costs because we customers, collectively, are the only source of income for any and all such businesses that are taxed, fined, or whatever the additional
