hgus ~ It’s not about the economy, stupid
Companies are so efficient at maximizing shareholder value and profits that if we mandated 30 days vacation, we would increase the demand for labor by more than 10%. This would wipe out our employment problem, stimulate the economy, raise wages, increase tax revenue, decrease government spending on unemployment, decrease the number of uninsured, decrease the deficit, decrease crime (thus decreasing our prison spend).
One might argue that their would be a decrease in corporate profitability, but I don’t believe so. I believe that all of the above items would stimulate the economy and the rising tide would lift all boats.
Think of it as Trickle Up Economics!
Read more: Paid Vacation Mandated Almost Everywhere But U.S.