Stimulus-funded benefits are said to deter new jobs

06/17/2009 | NYTimes.com

A basic problem with using stimulus funds to extend COBRA and unemployment benefits is an assumption that a small business -- which must be facing hardship if it is laying off workers -- can afford to pay the benefits, writes Jay Goltz. The only way a small business can control those costs, he writes, is "by making as few hires as possible, by making sure that those hires you do make are as strong as possible, and by combining documented rules with good management."

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