To: econjack
Well, our company just laid off our entire office (62 North American people, but a part of a large worldwide company), and me with it.
So count us into that miniscule .002%. Or, .0021%
To: ILikeBourbon
I'm not saying that the situation isn't bad. What I am saying is that sensationalizing it causes people to retrench for fear of losing their job at the very moment when they need to be out spending. Milton Friedman's concept of Realized Expectations is very real. If enough people think things are going to be bad, they will be bad as businesses limit product expansion and new hires. If the MSM just reported the news without the sensationalism, my guess things would be noticeably better right now.
11 posted on
04/23/2009 9:16:18 AM PDT by
econjack
(Some people are as dumb as soup.)
To: ILikeBourbon
Sorry to hear this...we are in real trouble too...hard to get out of bed some mornings...so depressing.
22 posted on
04/23/2009 10:55:33 AM PDT by
nyconse
(When you buy something, make an investment in your country. Buy Amrican or bye bye America)
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