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Detailed text transcripts for TV channel - MSNBC - 20100810:20:34:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100810:20:34:00

Michael flecsher. what is the point that you're make sng. >> there was a point a made to my employees when we shared the information with them. it came as a shock to them that for a median employee who earned $59,000 a year. but only gets to put $44 thou,0 >> i'm the employee. i make $59,000 a year that you make me. >> direct deposit only delivers $44,000 to your bank account. you get $12,000 in benefits. the company writes checks for $74,000. the missing $18,000 is siphoned off by governments in various levels in little bits and pieces here. >> for every sal you want to hire who will take hom...

Detailed text transcripts for TV channel - MSNBC - 20100810:20:37:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100810:20:37:00

It's not a good indicator for the future of our company and our country. >> keep us posted. will you do that? >> absolutely. >> we're working for the same team here. if we can get investment, we can get lending, get ourselves into a situation where we're creating great jobs. i don't see the incentives for the reasons you aligned along with. >> they're disincentives. michael, a pleasure. michael fleischer, author of "why i'm not hiring." worth a look to understand what somebody like michael is up against when it comes to creating jobs in a real life basis. up next, looking for a chill pill fo...