Forum (Forum & Focus)
Jul. 8, 2009
Bonus Questions
Bonus depreciation and Section 179 relief depress jobs and wages, which creates a vicious cycle, writes Theodore P. Seto.
FORUM COLUMN
By Theodore P. Seto Although we've seen a number of economic "green shoots" recently, labor markets remain unremittingly gloomy. Last month, a Federal Reserve Bank paper concluded that "the level of labor market slack [is projected to] be higher by the end of 2009 than ... at any other time in the post-World War II period." Kiplinger tells us that "the job market is far weaker than the widely watched numbers indicate." Bloombe...
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