Page 2 - Work Sharing News Today

im ali velshi in cannes, france. g-20 turned out to be something other than what i and the entire world thought it would be with the crisis in greece and more pressure on the eurozone. here to discuss this and impact on the world economically, politically and financially our chief national correspondent and sheila behr, former children of where they grow americas favorite potatoes. everyone knows idaho potatoes taste great. fdic. before we talk about this i want to bring in christine r...

Trade deficit. if we can get the dollar down, that would improve our trade situation. the last thing we could do and i wish we would go this way, if we went the route of greater work sharing, this is something germanys done with remarkable success. their unemployment rate is lower today than it was at the start of the downturn and thats even though germany has had less gdp growth than the united states. so what they do is instead of getting firms to lay people off when they face shortfall in dem...

In 2008 and 2004 when the economic differences were different. >> its cut regulations in good times and bad. its out there. theres -- they have the economic ideas to fix long-term unemployment. one will be to lower the minimum wage for businesses so they could hire the long-term unemployed. relocation of workers who are willing to move. as josh mentioned, work sharing. lowering the minimum wage, and an earned income tax credit. put them out there, but they never find their way into policy-making...

Cut that is have come down on this debt ceiling bill? >> you have to keep looking for every possible venue, one of the things the fed has ammunition, and principle -- we prodded bernanke to not do anything. push him, get him to get the dollar down. germanys had great success with work sharing. if we cant create more jobs, how about dividing the jobs we have. germanys rate is lower than the start of the downturn. >> both sides used the phrase jobs killer in reference to how this conversation went...