The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

No rest for the jobless: are businesses really "uncertain" about hiring?

by The Madeleine Brand Show

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What has big businesses in a quandary? Dano/Flickr (cc by)

Unemployment benefits will expire for some two million Americans this month if Congress fails to act. Some economists warn that could seriously dampen hopes for an economic turn-around, while big business is arguing that "uncertainty" is the reason they're not hiring or investing in new projects. How uncertain are businesses? Or are small businesses simply concerned about a lack of demand? LA Times columnist Michael Hiltzik questions the uncertainty argument in his column running in today's paper.

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