we are we have gotten a snap back from the severe fall of late 2008 and early 2009. if inventories are rebuilt and consumers feel better, spending a little more but is it leak the 70s where you have spurts of growth and hit the wall because of government policies like high taxes, or will it be like the 80s and 90s and that will be determined after the november elections. bill: and watch when the stimulus dollars start to dry up, too, there is a lot to keep an eye on, appreciate you coming in, happy easter to you and your family. appreciate it and to yours. on the road to recovery a growing number of americans say they are now willing to make sacrifices, to keep or get a job, we re talking to some of them today, anita vogel is live in los angeles and what are people saying? it is interesting, juliett, we looked at a survey of 1200 u.s. adults and the results show that people are willing to make pretty serious concessions to
we visited a job center, where people were lined up to get any kind of help they could to find a job and they say no matter how positive the job numbers are, 162,000 jobs added this month, they are not feeling it yet. nowadays, there is no way and unfortunately you have to take whatever comes, you know, to survive. you know? better than nothing. and that is what i do. you work it out, right now, i need cash, like everyone else. one more positive note, to come out of the survey, it seems that more people who are working right now, are less afraid they are going to get laid off, and the number is now 1 in 5 or 18%, and, that is down from 26% last year. so, a little more positive thinking as i said, before, a little more confidence out there among people who are working. anita vogel, thanks. bill: it is shaping up to be a tough re-election battle for california senator barbara boxer.
he wants to increase taxes on multi-nationals as well, too, so big businesses and small businesses are going to pay the health care tax, they re going to pay higher taxes on any money they make and that s not even talking about cap and trade. there are all these policies out there that are making firms wonder about the future. bill: the big question is whether or not cap and trade has enough votes in congress to go forward, anyway. we saw it die after the house vote last summer. now, i was reading through the story, and i think what bothered me about it, the most, is that the unemployed americans look at this mountain of money and say man, that could put me back back to work, i could feed my kids, i could have a job. that s got to be a frustrating point. firms do exactly what people do, so if you re worried about your future and wonder whether you re going to lose their job because you lost your job at your firm, what people don t do, they stop buying cars and start hoarding cash and
right, no, the fact is that firms have slowed their job destruction, that s the good news, the bad news is they re not creating new jobs and the reason is they re worried about exactly where obama s policies are going to go. for example, in the health care bill, if firms don t provide people with health insurance that the government thinks is good enough, they re going to have to pay a $3000 fine per employee if they don t provide health insurance at all, it s a $2000 fine. suppose you re a small business right now, you really got to wonder if you want to add people going into those fines. it s something that will give you a great deal of pause. bill: what you re saying, you re not real sure what the future is going to hold but is it all health care, is that the argument you make, kevin? new york city that s not it at all. in fact, the bush tax cuts are going to expire, and so the marginal tax rate, which is pretty much the rate that s paid by most small business, is going up above 4
get or keep a job, check out the numbers according to a harris interactive poll, 76% of those employed are willing to take a pay cut to keep their jobs. and 88% of those out of work are willing to do the same thing. take a pay cut from whatever they made before to land a job. everybody feels there is wind at our back and things are kind of coming, but, you know, just like there is wind when it blows across water, it makes it kind of choppy and we re not out of the choppy water yet. on the flip side, the survey also showed that more than half of people who are employed right now, believe that they are going to get a raise, this year. so, some positive thinking out there, juliett. anita, what about people who are still unemployed and are searching for a job and there are a lot of them out there now. there are a lot of them out there, as we heard in the interview with steve forbes, these people are pounding the pavement, hard, and, they are willing to take the first thing that com